Listed by Resource Realty Group
$1,595,000
Parkwood Multi-Family
Details
APN k-11-11-335-025
Property Type Multifamily
Sub Type Apartment Building
Square Footage 12,208
Units 11
Occupancy 100%
Year Built 1974
Year Renovated 2022
Buildings 1
Stories 2
Acreage 0.640
Multifamily | 11 Units
Marketing description
Turn-key property! Value-add opportunity by adding additional 3rd bedroom to 10 of the units… with $48,000/ yr additional income possible.
Completely remodeled 10- 2 bedroom/ 1-Studio apartment complex with new; roof, parking lot, landscaping, boiler, flooring, and
fresh exterior and interior paint. All units are occupied and include private washer and dryer, new kitchen with granite and stainless
steel appliances, and marble baths. 11th unit is a studio apartment. (Landlord pays gas and water, tenants pay electric)
All units are tenant occupied, please contact agent for more information. Contact Co-listing agent for all further inquiries-Ahmed Farha-(734)377-8094
Investment highlights
11 Units
Updated in 2022
6.5% Cap Rate
Fully Occupied
Listing Contacts
Listed by Resource Realty Group
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