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Description

Attention investors. This property has just been reduced for a quick sale. Now it is at a 10 cap rate. Excellent Opportnity for upside in this condominium development. Property consists of 29 condominium units which are a part of the 48 unit condominium development Rensissance St. Andrews Condominiums. The development is rented and produces a positive cash flow. The property is subdivided into indiviual condominium units. Great opportunity for upside potential from future sale of the units. These units are located in buildings 1 & 11 and are a part of the Renaissance St Andrews Apartment community. The owners and or renters in this development enjoy access to the clubhouse, the pool and the exercise facility. The community is situated on a large tract of land and all of the units have great views and are surrounded by wooded open space. Building price details: $1,720,000.

Property Details

• Type: Multifamily
• Status: Available
• Year Built: 2008
• Buildings: 1

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