Description
Beautifully remodeled low-maintenance small (55+) 12 unit apartment complex in a prime location with room to expand. 9% Cap Rate at list price. Meticulously Maintained Building and Property. Very low tenant turn-over. Property has stayed full with a waiting list since the 2021 full remodel. Building includes leasing office, coin laundry facilities, ice machine and vending. New since 2020: 40 year metal roof, re-paved entire parking lot, landscaping, signage, almost all building wiring and plumbing replaced or upgraded, all new appliances, water heaters and kitchens, insulation, windows, new A/C units (central and PTAC type).
-
12BEDS
-
1.52ACRES
-
13BATHS
-
11/2 BATHS
-
6,132SQFT
-
$147$/SQFT
School Information
Offered by Atlas Property Systems, Inc.: 828-447-3634. Copyright 2023 Canopy MLS. All rights reserved.Description
Beautifully remodeled low-maintenance small (55+) 12 unit apartment complex in a prime location with room to expand. 9% Cap Rate at list price. Meticulously Maintained Building and Property. Very low tenant turn-over. Property has stayed full with a waiting list since the 2021 full remodel. Building includes leasing office, coin laundry facilities, ice machine and vending. New since 2020: 40 year metal roof, re-paved entire parking lot, landscaping, signage, almost all building wiring and plumbing replaced or upgraded, all new appliances, water heaters and kitchens, insulation, windows, new A/C units (central and PTAC type).
Based on information submitted to the MLS GRID as of 2023-09-21T06:36:15.007 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LePage Johnson Realty Group, LLC | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Canopy MLS.
Some IDX listings have been excluded from this website.
Digital Millennium Copyright Act