LOOKING TO PURCHASE AN IDEAL INVESTMENT PROPERTY?Bid online for the opportunity to buy an excellent investment property with attractive upside potential. The property is a 2-story building with basement and contains 95 (+/-) units and numerous amenities and improvements. Currently used as an apartment building, this property has many other potential uses, such as: student housing, independent living, office suites, drug/alcohol treatment facility, etc. Opportunity exists to lease commercial kitchen/dining area to independent operators/restaurants owner is considering several local inquiries. PRICE LISTED IS FOR MARKETING PURPOSES AND THE STARTING BID FOR THIS ONLINE AUCTION. AT THE OPENING BID: Less than $5,300 per unit Less than $10.50 per SF Land value only Brand new roof installed June 2014 at $230,000!
128 Units, 18 Buildings on 6.78 acres Great Unit Mix - 31% -1Br, 56%- 2Br, 13% 3-Br On-Site Laundry Facilities Swimming Pool & Playground Upgrade Units - 3 Br recently Leased for $1100
Price Upon Req.122,960 SF
*Property tours will be held on February 11 and 25th between 10am and 2pm. Please contact listing broker for scheduling. Auction.com and Sperry Van Ness are pleased to present the opportunity to acquire Sunrise Village Apartments, a 148-Unit Multifamily asset located in Dallas, TX. Sunrise Village Apartments offers tremendous upside potential through renovations and lease-up opportunities. The apartment complex consists of sixteen, two-story buildings and 2 single-story buildings. The eighteen buildings sit on 8.0 acres of land off Sunnyvale Street. The roofs were replaced in 2010 and the property had earlier renovations in 2009. The buildings have concrete slab foundations, wood framing, pitch composition roofs and brick veneer exteriors. Each unit is individually metered for electricity with individual electric HVAC and water heaters.Sunrise Village is conveniently located near the corner of Loop-12 & Sunnyvale Street next to Elisha M. Pease Elementary School and near other public and private schools, the Dallas Zoo, Paul Quinn College and multiple parks. The asset is situated 10 minutes south of the Dallas CBD and offers easy highway access to I-45 and I-20.
Price Upon Req.62,808 SF
***Call for offers due March 5th, 2015. Please visit http://acr.listinglab.com/LonghornLux/ for more information. Longhorn Lux is a luxury student housing community in the highly desirable West Campus submarket of Austin. Longhorn Lux consists of 70 well appointed units totaling 243 beds. The property is a 3 story mid-rise which includes 213 parking spaces in an underground parking garage with multiple elevators. The property was built in 2012.
Good investment opportunity! 8 large 2/1 units in two buildings with a center patio. Tenants pay own electricity. Good rental history - stays occupied nearly all the time. Rents range from $385 to $400 per month. Many long term tenants. Coin operated laundry on site. The current owner has carefully maintained the building. Rents could be raised as leases are month to month with tenants.
All 14x50 fully enclosed units with concrete floors & lights and power. 100 ft. drives make this the most ideal boat and RV storage. Property includes over 4 more acres to develop for expansion.
100% Occupancy for the past 4 years. INCOME / EXPENSE VERIFIABLE BY TAX RETURNS! Courtyard Apartments has gone through extensive renovations since 2008 which includes but is not limited to wood floors or ceramic tile throughout, new kitchens, new appliances, new laundry room with owned machines. Koi pond and upgraded outdoor living space and landscaping. Maintenance / Asst Manager available to stay. Has been with property since 2008. All Bills Paid with only $125,786 in annual expenses. Net Operating Income is $227,917 Property is on a partial LURA - 19 units at Low Income with $35,000 income limit (2 people household) or rent limit of $699 for 1 bdr or $787 for 2bdr. Detailed Rent Rolls, Capital Expenditure, Actual Annual and Monthly Profit & Loss Statements, Profit & Loss Proforma, Survey and 2012 Appraisal available upon request. Stable economic growth from oil/gas as well as wind energy industries.
Braes Timbers Apartments make an ideal turn-key investment for a new investor or a self-operating investor. Due to the recent renovation, occupancy has improved and rent continues to grow as units turn. A new investor will enjoy good cashflow as income and expense have stabilized. At list price and in the current interest rate environment, an investor can enjoy double-digit return on its investment, in addition to a management fee that one can pay oneself, boosting returns even higher. Property Tours By Appointment Only. Proof of Funds required for Property Tour. Please Do Not Disturb Property or Tenants
$2,200,000Size Upon Req.
The property is just blocks from the Bay and has it's own brackish fishing lake in the middle of the property. Store/ office /laundry/ shower building at the entrance with satellite laundry and showers at the rear, seller is in process of paving and concreting sites which is included in the price. Approximately 13 rental units are included, the park has a large monthly tenant base that generates great cash flow. Please go to the link for more information and financials, Brokers please email for CA with Broker.
SELLER FINANCE WITH $500K DOWN!! 94% occupied. Beautiful cozy garden apartment style living. All bills paid property. Recently rehabbed and a potential land play. Stays highly occupied. Ideal for long term cash flow or to hold for redevelopment. The owners added security gates, new mailboxes, a playground, landscaping and own laundry facility. 1 efficiency; 27 - 1 bedroom/1 bath; 30 - 2 bedroom/1 bath and 3 - 3 bedroom/3 baths.