Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Bathrooms: | 116 |
| Pets: | Pets Allowed |
| Lot Size: | 2.5 Acres |
Financials
Price:$9,000,000
Annual Taxes:$29,183.65
Listing Courtesy of GREAT AMERICAN REALTY
This building is 116 unit hotel apartment complex building is two story concrete block brick second floor is concrete each unit is 300 ft.
Description
This building is 116 unit hotel/apartment complex: building is two-story concrete block/brick: second floor is concrete: each unit is 300 ft.2 MOL efficiency apartments: new roof in 2024: building is being totally remodeled and has land to build on an additional 100 units MOL: you can rent these units by the day, week, month, or year: if you rent by the week at $350 per unit proforma income is $2,111,200 with the expenses at $844,480 and your net income will be $1,266,720. Total Acreage - 5+ acres
Amenities
- City Limits
- Level
- Other
- Paved
- Public
- Refrigerator
- Sidewalk
- Sidewalks
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.