Description
This is a great opportunity to own a cash flowing 12-unit apartment building. The property is situated on a large lot conveniently located at the corner of Preston Highway and E Indian Trail. The proximity to bus stops and grocery stores makes this asset very desirable for tenants. The owners have turned several units installing LVP flooring. The improved units are leased for $901. A new owner can continue turning units and raising rent to add value. Highlights include: > 11 1BR/1BA units and 1 studio unit > Separate electric meters, tenants pay their own electric > High occupancy > Ample off street parking
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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6,000SQFT
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$141$/SQFT
School Ratings & Info
Description
This is a great opportunity to own a cash flowing 12-unit apartment building. The property is situated on a large lot conveniently located at the corner of Preston Highway and E Indian Trail. The proximity to bus stops and grocery stores makes this asset very desirable for tenants. The owners have turned several units installing LVP flooring. The improved units are leased for $901. A new owner can continue turning units and raising rent to add value. Highlights include: > 11 1BR/1BA units and 1 studio unit > Separate electric meters, tenants pay their own electric > High occupancy > Ample off street parking
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Listing provided courtesy of Prg Commercial Property Advisors: (502) 365-3840.
© 2023 Metro Search, Inc. All rights reserved.