Basics
- Date added: Added 2 years ago
- Category: 48219
- Type: apartments
- Status: active
- Bedrooms: 56
- Bathrooms: 48
- Area: 39816 sq ft
- Year built: 1963
Description
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Description:
4930_Berg Rent Roll 2022 1 2 (1)4929_Berg P&L 2022Great Investment Opportunity!
Well maintained 40 unit complex. Grossing $280k last year.
Value add opportunity at full capacity.
Projected gross income once fully leased $344,000.
Property Info:
40 Units (10 units are vacant)All tenants currently month to month (Except city programs they have a one year lease)
56 Beds, 48 Baths
Unit Mix:
8 - Two bedroom townhome's
8 - Two bedroom condo's
24 - One bedroom condo's
Monthly Income 2022: $23,161.25
Monthly Expenses: $7,096
Landlord pays water, gas, heat.
Vacancy: 5%
Current cap 10.8%
Attached P&L and Rent Rolls for more details
Show all description
This apartments style property is located in is currently 48219 and has been listed on Lets Buy Some Houses. This property is listed at $1,700,000. It has 56 beds bedrooms, 48 baths bathrooms, and is 39816 sq ft. The property was built in 1963 year.
