Description
Opportunity to own 24 apartments on the same block! Three 8 unit buildings. All 24 units are 2BD/1BA. 19 of 24 units have been turned over & re-leased during the last 18-24 months. 5 units were either just completed or are in process of being renovated and are currently vacant. Rented units are leased between $1,200-$1,600 with current monthly rent roll of $27,616 ($331,392 annual) on the 19 occupied units. The sale includes 3722 E Karstens, 3730 E Karstens & 3722-3724 W Karstens and is available as a package. Seller requests offers only on the entire package. Seller is a partnership & requests 24+ hours for binding acceptance. Closing date flexible, w/n 60 days of acceptance preferred.
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0BEDS
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1.17ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Opportunity to own 24 apartments on the same block! Three 8 unit buildings. All 24 units are 2BD/1BA. 19 of 24 units have been turned over & re-leased during the last 18-24 months. 5 units were either just completed or are in process of being renovated and are currently vacant. Rented units are leased between $1,200-$1,600 with current monthly rent roll of $27,616 ($331,392 annual) on the 19 occupied units. The sale includes 3722 E Karstens, 3730 E Karstens & 3722-3724 W Karstens and is available as a package. Seller requests offers only on the entire package. Seller is a partnership & requests 24+ hours for binding acceptance. Closing date flexible, w/n 60 days of acceptance preferred.
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