Newer appliances, newer flooring, fresh paint, garage for all units, electric forced air heat w/ central air cooling. Built in 1974 with improvements every year. The total square footage is 7,648 sq ft and the taxes are 8149.46 per. THIS IS AN EXCELLENT INVESTMENT PROPERTY. CALL NOW.
Marcus & Millichap is pleased to present Erica Court Apartments, a 40-unit apartment complex located in Dayton, Ohio. The property was built in 1989 and is comprised of two two-story buildings. Throughout the past 8 months there have been numerous capital improvements to the property. These include the replacement of the roofs and gutters, outdoor lighting, siding, carpeting, and fresh paint. The property consists of twenty (20) one bedroom one bathroom, and twenty (20) two bedroom one bathroom garden style apartments with approximately 550 and 750 square feet of living space respectively. The complex encompasses a newly renovated laundry room and office. Each unit bears its own fully equipped kitchen with brand new carpets. Tenants are responsible for paying their own electric and charged a monthly water fee, while owner pays trash removal.
This solid investment opportunity is a four story brick exterior building, built to last with the concrete interior construction. The apartment is situated on a 10,676 sq ft lot which consist of 25,780 sq ft of residential space. This property is close to shopping, dining, the bus line and beautiful river view. The owner has meticulously maintained this building. Come see for yourself!
Bedrooms: 4 Bathrooms: 1
Solid brick 74 unit garden style apartment community! Combination of 1 and 2 bedroom units. Spacious apartment have fully equipped kitchens with newer appliances. Units have patios and/or balcony, large closets and onsite laundry facility. Right on the RTA bus line. Section 8 Approved. Convenient to Wright Patterson AFB and Wright State University, US-35, I-75 and I-675. PARID: R72 04811 0001, R72 04811 0273 & R72 04811 0278
CAP rate assumes a: 10% Property Management 10% Repair Rate 5% Vacancy Rate 5% Insurance Rate 2 Bedrooms and 1 Bath: each side 2 Stories
Marcus & Millichap is pleased to offer Country Woods Apartments, a 351-unit multi-family project located in Dayton, Ohio. This asset is in the early stages of rehabilitation. Currently, 95 units have been rehabilitated and brought back on-line by the current management team. The remaining 246 units will require varying degrees of repair and rehabilitation. This asset is the largest apartment complex within it's neighborhood and the local rental market has shown a strong demand for clean, affordable apartments. This asset fell victim to poor management and gross neglect from a previous owner resulting in a bank-forced sale. Country woods offers a new buyer the opportunity of acquiring a property at a very low cost per unit ($8,000) with tremendous upside following rehab of the remaining units and rental income stabilization. The owner is willing to consider some forms of creative or flexible offers to include owner financing.
4 units, Ranch style, all flat units, garden style apartment building. Two 2 bedroom apartments and Two 1 bedroom apartments. Highly desirable in Kettering due to easy access and flat floor plan. Call Tony Horwath, owner and seller at 650-799-1001, for Income and Expense Statements and more information about the property.
AUCTION! November 20th, 2014 at Noon. Registration at 11:30am. Minimum Price: $40,000. Appraised for $105,000. This stately home has not been on the market for over 90 years. Features hardwood french doors and original fireplace. Currently divided into two 2-bed 1-bath units. Could easily be converted back to a single 4-bed 2-bath home. Large storage barn in rear and an unfinished 3rd floor walk-up attic. Northmont City School District. A $5,000 Cashier's Check payable to M&M Title is required to bid. 10% Buyer's Premium 10% Deposit Closes in 30 Days Sells As-Is Open Houses: Sunday November 16th 2-4pm & Tuesday November 18th 6-7:30pm.
This property consists of four 1-bedroom, 1-bath apartment units with washer/dryer hookups, gas furnaces, thru wall air conditioning. Tenants pay for heat and electric. Owner pays water and trash. Off-street parking is available. Long term tenants.Located close to Good Samaritan Hospital, one of Dayton's leading hospitals and near restaurants and shopping.