REAL ESTATE: Exciting opportunity! 27-unit apartment complex, convenient location. Many updates throughout. Stove and refrigerator included in each unit. Units range from efficiency, one bedroom, and two bedrooms. Public utilities. For questions about financing and buying this property at auction contact auctioneers. NOTE: Open for inspections auction day at 4:00 PM.
Note: 22 units have recently been renovated including: water shutoff valves at faucets, new shower rebuild kits including valves, all new hot water tanks throughout whole building in last 5 years – new countertops, paint, flooring. Currently renting all studio apartments $380 per month – one bedroom currently rented for $450.00 – long term tenant history! Loads of opportunity for someone. A lot of money has been spent on improvements and the time has come for a new owner!
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Real Estate Terms
15% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price, which goes to the seller. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.