- BUILT IN 1985
- NO RENT CONTROL
- LARGE UNITS
- MAJORITY TWO
BEDROOMS
- INDIVIDUAL GARAGES
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The subject property is unique in its style. There are multipe attached single story buildings with a mix of one and two bedroom apartments. All the buildings have pitched roofs. The units were built in 1985 and have attached individual garages that allow entry through the garage as well as the typical front exterior door. Once inside the units have a modern open feel, the units present themselves more as a home than an apartment. Some amenities included are central air, water heater, dishwasher, garbage disposal, cable TV, etc. Most importantly, these units will most likely rent before your competition due to the style, layout and unique amenities.
The perimeter is fenced and access is on Avenue J4 through a mechanized main gate and a
manual emergency gate exiting on to W Avenue J5. In addition to individual garages, there are
open and carport parking on site. The lot is over 50,000 square feet, the open area is
either paved parking / driveway or landscaped.
Most important is the ease of management and above average return and occupancy. The
property is in good condition and non-rent controlled. At the offering price the return and
occupancy is above average and makes this a must have for the investor looking for a
stabile return in today’s volatile market. |