Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Lot Size: | 0.3 Acres |
Financials
Price:$1,750,000
Annual Taxes:$18,800
Listing Courtesy of One Sotheby's Int'l Realty
Contemporary style 2 story apartment complex built in 1978, has 8 units in total, 1 2 1 and 7 1 1's all with private entrances and patio, balconies, central ac.
Description
Contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1's all with private entrances and patio, balconies, central ac. Complex has 12 parking spaces guest and assigned. Total square footage under air is 5,104 and total lot square ft. 14,300, all of the 8 units are month to month. Present rents are below market value /w/renovations the potential gross income of $175,000 + POSSIBILITY of a 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. Excellent location mins to beaches, restaurants, shoppes, groceries and expressway.
Amenities
- Fire Alarm
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
