Description
Owner just completed $2+mm in renovations. Gated 57 unit complex in a great location with easy freeway access. Unit mix are one 2/2 and 56 studios with covered carports. Renovations include roofing, HVAC, windows, paint, upgraded kitchens, bathrooms, flooring, LED lights, plumbing fixtures, appliances, wrought iron fencing with power gate, parking lot asphalt, and much more. Onsite laundry. Room for rent increases. Do not walk grounds or disturb residents. Seller will guarantee the rents for any vacant units not rented prior to the close of escrow, for up to 6 months after the close of escrow based on rents of $1075.00 per unit. Submit offers subject to walk through inspections. For financed offers please attach pre-approval letter, VOF to close and copy of EMD. Cash offers please submit VOF to close and copy of EMD. Buyer to verify income and expenses provided by property management. Seller is related to the agent.
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58BEDS
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2.12ACRES
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57BATHS
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01/2 BATHS
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23,440SQFT
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$333$/SQFT
School Information
Description
Owner just completed $2+mm in renovations. Gated 57 unit complex in a great location with easy freeway access. Unit mix are one 2/2 and 56 studios with covered carports. Renovations include roofing, HVAC, windows, paint, upgraded kitchens, bathrooms, flooring, LED lights, plumbing fixtures, appliances, wrought iron fencing with power gate, parking lot asphalt, and much more. Onsite laundry. Room for rent increases. Do not walk grounds or disturb residents. Seller will guarantee the rents for any vacant units not rented prior to the close of escrow, for up to 6 months after the close of escrow based on rents of $1075.00 per unit. Submit offers subject to walk through inspections. For financed offers please attach pre-approval letter, VOF to close and copy of EMD. Cash offers please submit VOF to close and copy of EMD. Buyer to verify income and expenses provided by property management. Seller is related to the agent.
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