901 E 29Th Avenue
Property Description
Excellent investment opportunity featuring a 10-unit apartment complex with the majority of the rehabilitation already completed. The property consists of eight 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. Five units are currently occupied, with the remaining units actively being marketed for lease. The property is professionally managed, providing streamlined day-to-day operations and tenant oversight. This property offers an attractive opportunity for an investor to complete the lease-up process and increase cash flow. Income and expense figures shown are pro forma projections based on full occupancy and are not representative of current operating performance. Buyer should independently verify all financial information, rents, occupancy, and property details.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $475,000 |
| No. of Units: | 10 |
| Year Built: | 1979 |
| Lot Size: | 8,000.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $47,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-CARMLS-26034490
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
4515 Kinkead Ave
Fort Smith, Arkansas
5201 Spradling Ave
Fort Smith, Arkansas
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout