Description
Fully Leased- Beautiful, Newly Built, Coastal Inspired 10 Unit Apartment Complex For Sale. Nicely finished out units. Nicely Built Out Exterior- Hardy Plank Siding, Dimensional Shingles. Nicely Trimmed and Framed Interior Built Out - Vinyl Floors, Neutral colors for the interiors- grays and whites for cabinetry/ tile work, upgraded interior doors. Under market rents provide a value add opportunity in as little as three months. There is an on-site manager who handles day-to-day operations. The owner has informed tenants of an incoming 6% rental increase over their current rent. All tenants want to remain, and LL will refrain from renewing leases prior to close if the buyer desires a higher rental income
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0BEDS
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0.66ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Fully Leased- Beautiful, Newly Built, Coastal Inspired 10 Unit Apartment Complex For Sale. Nicely finished out units. Nicely Built Out Exterior- Hardy Plank Siding, Dimensional Shingles. Nicely Trimmed and Framed Interior Built Out - Vinyl Floors, Neutral colors for the interiors- grays and whites for cabinetry/ tile work, upgraded interior doors. Under market rents provide a value add opportunity in as little as three months. There is an on-site manager who handles day-to-day operations. The owner has informed tenants of an incoming 6% rental increase over their current rent. All tenants want to remain, and LL will refrain from renewing leases prior to close if the buyer desires a higher rental income
© 2022 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Briar Patch Realty. Vendor Member number: 28178. Data last updated: 2022-08-11T18:00:00.54.
Vendor Member #28178.