- Asking $6,700,000
- Asking $79,762 per suite
- Beautifully Maintained Property with Excess Land and Good Landscaping
- Potential for Condo Conversion
- Conversion to Individualized Metering is Possible
- Two Bedroom Suites are Duplex Apartments
- Suites contain Individual Thermostats
|
- 4 x Bachelor
9 x One Bedrooms
71 x Two Bedrooms
- 6.9% CAP Rate
26.0% R.O.I.
- Ex. 1st Mortgage on Building 1 of $2,551,129 @ 3.48% paying $11,391.77 due June 2014
- Ex. 1st Mortgage on Building 2 of $1,913,346 @ 3.48% paying $8,543.83 due June 2014
- Seller may Consider VTB to Facilitate the Sale
|