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Description

This property consists of 58 apartments, a commercial laundrymat, on site, office, mini playground, and maintenance building. Occupancy in 2011 was 90% plus. It is currently at 100% with a witing list. The value add is under market rents of 25-30%. The construction of the 9 buildings is brick or masonry. All the roofs have been replaced within the past 12 months. The commercial laundry is large enough to accomodate these apartments and other residences in the area. Building price details: $1,050,000.

Property Details

• Type: Multifamily
• Status: Available
• Buildings: 1

Map Locations