Description
Prominently stretching across 335' of the busy and growing highway 107 frontage (11,200 AADT, '19), this approximately 12,600 SF, 18 door apartment community is a great investment opportunity. Since May of 2021 new ownership and management have had success in improving the property via capital expenditures and tighter collection policies. Several AC units were replaced in the last two years and about half of the units were updated with new fixtures, appliances, and paint. All units are individually metered for water and electricity, leaving the owner's monthly expenses to a minimum.
-
0BEDS
-
0.86ACRES
-
0BATHS
-
01/2 BATHS
-
12,600SQFT
-
$69$/SQFT
School Information
Description
Prominently stretching across 335' of the busy and growing highway 107 frontage (11,200 AADT, '19), this approximately 12,600 SF, 18 door apartment community is a great investment opportunity. Since May of 2021 new ownership and management have had success in improving the property via capital expenditures and tighter collection policies. Several AC units were replaced in the last two years and about half of the units were updated with new fixtures, appliances, and paint. All units are individually metered for water and electricity, leaving the owner's monthly expenses to a minimum.
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. Data is deemed reliable but is not guaranteed accurate by the MLS or Imperio Real Estate. Data last updated: 2023-03-25T12:16:52.727.