Overview

Description

Prominently situated parallel to the growing highway 107 with 355' of frontage, this approximately 12,600 SF, 18-unit apartment community is available for purchase. There are ten 3/1s, five 2/1s, and three 1/1s. 9 AC units were replaced in the last three years and more than half of the units have been updated with new fixtures, appliances, and paint. As of 1/22/24 the complex is 78% occupied. All units are individually metered for water and electricity, leaving the owner's monthly expenses to a minimum. RR and PL available upon request.

Prominently stretching parallel with Highway 107 with 355 feet of frontage, this approximately 12,600 SF, 18 door apartment community is available for purchase.

Highlights

• 18-unit complex consisting of ten 3/1s, five 2/1s, and three 1/1s
• All units are individually metered for water and electricity
• Annual gross scheduled rent of $130,000, currently (2/22/24) 77% occupied
• Assumable* $240k note with monthly payments of $2,682 fully am'd by July '33

Documents

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