Listed by RE/MAX Elite Realty
$1,370,000
Prime location 8 townhomes with garages
Details
APN 057-40-12-045.00
Property Type Multifamily
Square Footage 10,688
Units 8
Occupancy 100%
Tenancy Multi
Class B
Year Built 1988
Buildings 8
Stories 3
Acreage 0.514
Parking Spaces 16 spaces
Parking Per SqFt 1.50
Investment Type Stabilized
100% rented and due for rent raise
Marketing description
Prime location and exceptional value! 8 Townhomes for your portfolio with a mixture of long term tenancy, month to month and short term leases. Located on the north side of recently upgraded Lake Mingo Park, all 8 units are 2 bedrooms and 1.5 bathrooms with one-car garages. 7 of the units have unfinished basements with the 8th basement being used as a management office. NEW roofs, NEW siding, NEW gutters and NEW windows. Every window is NEW, over 40 of them! Several new AC units. Tenants pay all utilities. The location is ideal for tenants because of walkability to jobs and shopping and Main Street. Ideal for a 1031 Exchange. Rent roll and floor plans are attached. Priced at appraised value.
Investment highlights
- Prime location and exceptional value!
- 8 Townhomes for your portfolio with a mixture of long term tenancy, month to month and short term leases
- All 8 units are 2 bedrooms and 1.5 bathrooms with one-car garages
- 7 of the units have unfinished basements with the 8th basement being used as a management office
- NEW roofs, NEW siding, NEW gutters and NEW windows. Every window is NEW, over 40 of them!
- Several new AC units
- Tenants pay all utilities
- The location is ideal for tenants because of walkability to jobs and shopping and Main Street
- Ideal for a 1031 Exchange
- Priced at appraised value
Listing Contacts
Listed by RE/MAX Elite Realty
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