Turn key opportunity comprising of two separate apartment complexes - very high occupancy rate. Long term tenants. 25 years property management history. New roofs and paint. Room to build additional units on land. Adjoining lots also available by separate negotiation. Priced below appraisal for quick sale!
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Property Features and Assets:
Two separate and distinct properties comprising of ten duplexes situated on a 3.31 acre and 1.9 acre tract in a neighborhood containing other multi-unit and single family residential properties. Each duplex has two units (either 2 or 3 beds, kitchen, dining area, living room &1 bath). Total square footage is estimated to be 18,864 (each unit between 768 & 996 sq. ft.).
Seller will provide training and handover period.
Reason for Selling:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.