Description
FULLY RENOVATED, FULLY OCCUPIED 12 Unit Apt Complex awaiting its new owner! All units are 2 bed, 1 bath, 675sqft with most being completely redone floor to ceiling. Ten of the units have brand new ACs and nearly all have new appliances, water heaters, disposals, etc. Cosmetic work completed throughout, new paint, flooring, fans, bathrooms, doors, etc. Owner has a to-the-penny breakdown all work completed on this property in the last year on file. Now with the property complete, owner is finishing re-renting units at post rehab rents. ***YOU'RE RESPONSIBLE TO DO YOUR OWN DUE DILIGENCE, THE FOLLOWING ARE ESTIMATES*** Annual Expenses: Vacancy(@5%): ($3,729) | Water/Trash:($3,780) | Electric:($444) | Maintenance & Upkeep:($,1800) | Taxes:($7,320) | Insurance:($3,532.20) | Management:($4,959.57) | *Estimated* Total:($22,136.71). *Estimated* NOI:$48,714.29. *Estimated* CAP:7.5%
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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
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8,110SQFT
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$80$/SQFT
School Information
Description
FULLY RENOVATED, FULLY OCCUPIED 12 Unit Apt Complex awaiting its new owner! All units are 2 bed, 1 bath, 675sqft with most being completely redone floor to ceiling. Ten of the units have brand new ACs and nearly all have new appliances, water heaters, disposals, etc. Cosmetic work completed throughout, new paint, flooring, fans, bathrooms, doors, etc. Owner has a to-the-penny breakdown all work completed on this property in the last year on file. Now with the property complete, owner is finishing re-renting units at post rehab rents. ***YOU'RE RESPONSIBLE TO DO YOUR OWN DUE DILIGENCE, THE FOLLOWING ARE ESTIMATES*** Annual Expenses: Vacancy(@5%): ($3,729) | Water/Trash:($3,780) | Electric:($444) | Maintenance & Upkeep:($,1800) | Taxes:($7,320) | Insurance:($3,532.20) | Management:($4,959.57) | *Estimated* Total:($22,136.71). *Estimated* NOI:$48,714.29. *Estimated* CAP:7.5%
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