A very unique opportunity to purchase 21 unit complex that is off campus. This complex has 7 one-bedroom apartments with 784 sq ft; 11, two-bedroom units with 840 sq ft, and 3, three-bedroom units with 1100 sq ft. Buildings were recently painted and the location is very convenient. The property has covered parking, beautiful courtyard, on-site laundry and is always 100% rented. Most all apartments have been remodeled and upgraded in the past 4 to 5 years. The current owner has a per-forma which reflects a value of $2.4M. YTD reflects a 6.5% cap. Owner has invested $180,000 in this complex in the last 3 years
Based on information submitted to the MLS GRID as of 04/29/2024 03:39 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
