409 & 417 E. Merlayne Drive
Property Description
Camino at Merlayne Apartments offers investors a best-of-both-worlds opportunity to acquire a very well located asset with an excellent unit mix. The property consists of (32) 2B/2b units, along with (2) recently added studio units, totally 34 units. These unique 2 bedroom 2 bathroom floorplans offer dual-master layouts ideally situated for roommate or family living scenarios. The buildings were built in 1994 and sit on .65 acres of land. Residents enjoy onsite laundry facilities, security cameras, nearly 70 parking spaces with approximately half covered, and a spacious dual entry motor way. Over the last 10 years the property has undergone many tasteful renovations and improvements.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $6,400,000 |
| No. of Units: | 34 |
| Year Built: | 1995 |
| Lot Size: | 1.30 Acres |
| Opportunity Zone: | No |
| Price per unit: | $188,235 |
| Property Website | Click Here |
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