Camelot Apartments is a 150 unit multifamily property built in 1972. Camelot contains 1, 2, & 3 bedroom units. The property has had new roofs installed in the last 5 years. Stable occupancy and a stable income producing property. Attractive assumable HUD debt in place. The HUD loan can be paid off but is subject to a prepayment penalty.
Cherokee Apartments - 12 Units; Total montyly rent received (all rented units) - $2,570.00.
$149,000Size Upon Req.
(+/-) 3.1 Acres-Set up for 7 mobile home hookups. 1 very nice doublewide mobile home that the owner lives in with attached carport (could rent for approx. $600/month). 6 additional mobile home hook-ups. Room for several others.