806 Oak St
- -18,437 SF Newer Building in EXCELLENT condition!
- -APPROVAL for 8 on-site single-car garages -ADDITIONAL revenue opportunity
- -Projected Full Occupancy Gross Revenue without additional garages is already $340,000!
Property Description
This newer, well-maintained apartment building features 17 total units, including FOUR 3-bedroom, two-bathroom apartments, NINE 2-bedroom apartments with an office and two bathrooms, and FOUR 2-bedroom, one-bathroom apartments. When fully occupied, the property is projected to gross approximately $340,000. Approval for 8 single-car garages on site offers additional income potential, while the planned growth of 10,000 new homes within a two-mile radius underscores the property's promising long-term investment outlook.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,250,000 |
| No. of Units: | 17 |
| Average Occupancy: | 0.02 |
| Year Built: | 2021 |
| Lot Size: | 1.29 Acres |
| Opportunity Zone: | No |
| Price per unit: | $191,176 |
| Property Website | Click Here |
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