Photo 1 of 26
$740,000
Sold on 5/24/24
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$5,856 |
2005 |
On the market:
23 days
|
View full details, 15 photos, school info, and price history
ATTENTION INVESTORS!! Don't miss this once-in-a-decade opportunity! This listing highlights a building along with two additional
properties, available for individual or portfolio purchase.
These sites have been extensively renovated and maintained, showcasing a range from significant updates to complete
overhauls. These buildings stand out with high occupancy rates, further driven by strong demand, highlighted by the leasing of the most
recent unit for $1,555 per month and $125 AOA Fee paid by tenants. GROWTH OPPORTUNITY: The investment appeal is significantly
enhanced by the projection of over 5,000 new jobs in the area, anticipated to materialize over the coming years. Couple that with
increased rents across multiple units and you've got all the ingredients for a successful cash flow and equity play for the future. | OWNER
OCCUPANT INVESTORS: For those interested in owner-occupant investor financing, strategic vacancies have been maintained to support
such financing options. Reach out today to learn more about this opportunity! | Recent upgrades across the properties include
comprehensive renovations of buildings 300, 1300, and 1400. Notably, buildings 1300 and 1400 have received exterior paint and
maintenance, HVAC systems, and water heaters, aligning with the portfolio’s commitment to quality and comfort. Building 300, while
offered at a special price due to the absence of new HVAC systems, also benefits from these widespread improvements, including new
appliances, fresh paint, and updated flooring. Each unit offers spacious accommodation with three bedrooms and two full bathrooms,
totaling twelve bedrooms and eight bathrooms in each quadruplex. Please note that the floor plan provided is for illustrative purposes only;
actual unit layouts may vary, incorporating potential reversals or the addition of a bay window.
Listing courtesy of Innovative Prop Group & Sandra Watkins, REMAX Town & Country Innovative Properties Group & REMAX Town & Country Innovative Properties Group