Size: 1,075 ft2 / 100 m2
Price: $146 ft2 / $1,573 m2
Built: 1974
HOA: $499/MO
MLS Number: A11628895
On Site: 44 Days
Updated: 36 Days ago
Page Views: 0
Exclusive sale: an exceptional investment opportunity of 14 condo units in a complex of 240 units. These units offer a prime location combined with a strong rental market. Each condo has 1,075 sq. Ft., featuring 2 beds and 1.5 bathrooms all units are rented, ensuring immediate cash flow. The price per unit is $157,143. The median market rent for similar units in the area is $2,100. The current gross rent is $250,800 with a potential annual rent of $352,800. Minimum purchase is 5 units. The seller is open to seller financing with favorable terms: 50% down and 7% interest-only for the first 3 years. Impact windows in each unit, new roof, and recent exterior paintwork have been paid for through a previous assessment. Don't miss this rare opportunity to acquire an income-generating portfolio.
Features
Exterior and Lot Features
Price History
$146 ft2 / $1,573 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ricky Kallabat • Keller Williams Capital Realty • Buyer Agency Compensation .
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