Apartments For Sale
16,482 Sq Ft
Investment package of 4 luxury town homes available for purchase. These properties would make a great addition to your portfolio, with minimal maintenance, virtually no vacancies and incredible cash flow. There are a total of 8 units, each unit has 3 bedrooms and 3 bathrooms, large open living, dining and kitchen area, family room in view-out basement with wet bar, large basement storage, area and attached 2 car garage and additional parking in front of each unit. The granite counter tops, walk-in closets, vaulted ceilings and hand scraped engineered wood floors set these units apart. Located near Magdalen and Trinity Schools, K-96 and the 21st Street East corridor, the location is very desirable to many demographics. Built in 2013, this property has minimal maintenance. The units have had very little to no vacancies, with a waiting list. Tenants pay for all utilities except for trash service and mowing. Each unit rents for $1750-$1800 per month, for a gross rental income of approximately $170,000 per year. Rent rolls, leases and floor plans available upon request. To view this property, please contact the listing agent or your broker to set up an appointment providing plenty of notice to the tenants.
Tenant Pays: Electric, Gas, Water/Sewer