Tremendous Upside 12 Apts. $56,250 ea.
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Land Area:
||$56,250 Per Unit
|Property Use Type:
||Crest Avenue Apartments
||Cash to Seller
Overview / Comments
This property consist of 3 contiguous four-plex units. It can be financed as residential.
One stable owner for over a decade. Considerable improvements and renovations have been done. New Asphalt, new energy efficient windows through out. Most of the kitchens have been redone, new cabinets, counter sinks, faucets, floors fixtures. All unit have been tiled in common areas. Bedrooms have carpet.
Qualified, screened and established residents. Many long term. This property stays 100% occupied.
Inventoried Rents abound! Existing rents are substantially below market and can be improved by about 15%!
Attachments & Media
||R-MH - Residential: Multi-family High Density
||Residential area, mix of smaller multifamily properties and single family homes. Nob Hill is a very miles north, as is UNM, airport, Kirkland Air Force Base are in the immediate area. Over the last several years there has been an explosive growth in airport support facilities, hotels, eateries, and the like.
|Number of Stories:
||Very well laid out 2 Bdrm 2 Ba Units
This property has been renovated. New energy window, new asphalt, all evaporative coolers replaced since current ownership took over.
All most all apartment have new kitchens, Carpet in Bedrooms and ceramic tile everywhere else.
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