BUILDING SQFT: 15,000 SQFT STRUCTURES 2 BUILDINGS LAND SIZE: 1.9 ACRES APPROXIMATE SQFT/APT: 1Bed/1Bath 600-900 SF 2Bed/1Bath 700-960 SF 3Bed/1Bath 900-960 SF YEAR BUILT: 1958 UNIT MIX: 8 1Bed/1Bath 8 2Bed/1Bath 3 3Bed/1Bath PRICE/BUILDING SQFT: $48.66 PRICE/UNIT: $38,421 ASKING PRICE: $729,999
Cherokee Apartments - 12 Units; Total monthly rent received (all rented units) - $4200.00.
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.