Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1990
Sq.Footage
17,664
Perfectly maintained and updated, minutes from downtown and blocks away from freeway access. Fantastic opportunity to start or build an investment portfolio as property has been well kept with excellent tenants. Easy to rent. Updates include: 1.) 6 exterior stairwell / decks have been replaced and painted. 2.) Exterior concrete scraped and painted around all units. 3.) 49 windows have been replaced 4.) Fence added along the drainage ditch 5.) 15 new HVAC units 6.) 12 Water heaters 7.) A new sump pump was installed to improve drainage. 8.) 30 various appliances (refrigerator, washer, dryer, stove, dishwasher) 9.) 12 apartments have new open floor plans and have been completely remodeled within the last 5 years, including upgraded counter tops lighting, cabinets and flooring. 11 apartments have original floor plans and have been completely remodeled, (no upgrade to cabinets or counter tops but floors and paint done). 2 units have tenants that have lived in the units for over 5 years and no recent upgrades have been made. The average rent has gone from 550 monthly to 800 monthly.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Natural Gas
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
1.0
-
Property Type
Commercial Sale
-
Property Sub Type
Business
-
Architectural Style
Traditional
Price
-
Sales Price
$1,900,000
-
Tax Amount
4652.88
-
Sq. Footage
17, 664
-
Price/SqFt
$107
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
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Location
County
Saline
Elementary School
Middle School
High School
Listing Courtesy of Lindsey Blaylock , Bailey & Company Real Estate
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