Description
Previous buyer had family emergency and could not perform on contract. Awaiting release. Attention Investors! 100% occupied apartment complex with 36 units. 35 units have 2 bedrooms/one bathroom and one unit is a studio. Tenants pay electric, owner pays gas, water and trash (studio is all utilities paid by owner). Complex has an onsite laundromat. All but 3 units have had updates in the last 2 yrs. Current monthly gross income is $25,995 or $309,540 per year, with plenty of growth still available. Selling AS IS with inspections welcomed.
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71BEDS
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2ACRES
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36BATHS
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01/2 BATHS
Description
Previous buyer had family emergency and could not perform on contract. Awaiting release. Attention Investors! 100% occupied apartment complex with 36 units. 35 units have 2 bedrooms/one bathroom and one unit is a studio. Tenants pay electric, owner pays gas, water and trash (studio is all utilities paid by owner). Complex has an onsite laundromat. All but 3 units have had updates in the last 2 yrs. Current monthly gross income is $25,995 or $309,540 per year, with plenty of growth still available. Selling AS IS with inspections welcomed.
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Listing provided courtesy of Randy Rodriguez of Positive Property Management. Listing information © 2022 LBAR Multiple Listing Service. All rights reserved.