SALE HIGHLIGHTS

• Sales Price: $4,748,000
• $249,895 Per Unit
• Why Did They Sell?
  • With the belief that real estate values are going to shift downwards given rising interest rates and inflation, after owning this property since it was originally constructed more than 70 years ago, the owners made the decision to sell now so that all beneficiaries could maximize their net equity.

HOW DID WE DO IT?

• 4,020 – Direct Mailers Sent to Internal Investor Database
• 2,046 – Emails Directly Sent to Exclusive Buyer List
• 23,993 – Facebook and Instagram Views
• 440 – Views on TheApartmentDealer.com
• 31,121 – Views on LoopNet.com
• 6,254 – Unique Prospects on LoopNet.com

PROPERTY HIGHLIGHTS

• PRIVATE-SELLER FINANCING AVAILABLE!
• 3 SEPARATE CONTIGUOUS PARCELS
• 2 Parcels Each Contain 1 Duplex, 3rd Parcel is 15 Units
• 15,369 Rental Sq. Ft. | 33,981 Sq. Ft. Lot
• UNIT MIX
  • (2) 2-Bed/1-Bath Single-Story Detached Cottages
  • (16) 2-Bed/1-Bath Units
  • (1) 1-Bed/1-Bath Unit With Den
• Tenants Enjoy Onsite Covered Parking, Onsite Laundry Facility & Sparkling Pool

RECENT IMPROVEMENTS

• Solar Hot Water System For 15 Units & Laundry Facility
• New Copper Main Line
• New Roof on Several Buildings
• New Electrical Sub Panels
• New Exterior Paint
• Resurfaced Parking Lot & Driveway