Property
Beds
60
Full Baths
20
1/2 Baths
None
Year Built
2006
Sq.Footage
N/A
60 unit apartment complex- all units are 1 bedroom/1 bath. 55 units are tile throughout, 5 have carpet in the bedroom and living room. Current rents are BELOW MARKET at $475 per month but new owner does not have to keep then below market after December 1, 2020. Market rent would be in the range of $750 per month. Complex is a 55+ age restricted community. ( 80% of the units need to be occupied by a resident who is 55 years of age or older) While not a requirement of a sale, price consideration will be given to interested parties who will agree to maintain below market rent. The property is in good repair and is 98% rented. Owner will consider offers that include owner financing. MULTIPLE OFFERS RECEIVED- PLEASE SUBMIT HIGHEST AND BEST OFFER BY JANUARY 22, 2019. Contact listing agent or have your agent contact listing agent for clarification.
Features & Amenities
Interior
-
Total Bedrooms
60
-
Bathrooms
20
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
No
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Patio and Porch Features
Patio
-
Pool
No
Area & Lot
-
Lot Features
See Remarks
-
Lot Size(acres)
4.461
-
Property Type
Residential
-
Property Sub Type
Quadruplex
-
Architectural Style
Ranch, Quadraplex
Price
-
Sales Price
$3,600,000
-
Tax Amount
801.0
-
Zoning
C-2
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Association Amenities
None
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Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Jason M Lipsher , RE/MAX Realty Group
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Agent | Realtor®
Julia McCabe
Call Julia today to schedule a private showing.
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