St. Tropez Villa Apartments – Seller Financing

• Seller Financing Available
•  Large units – Above market average
•  Newly Painted Exterior
•  New roof within the last 24 months
•  Swimming pool
•  Spa pool
•  On-site laundry
•  Ample gated parking
•  Balconies w/small storage rooms
•  Patios
•  Four (4) unused storage units ±135 SF each

Property Description

St Tropez Villa Apartments offers a value-add opportunity perfectly located centrally in a family oriented area of town. The two story complex was built in 1985 and is comprised of 57 large 1x1 bed and 2x2 bed units averaging 803 sf. All 2nd floor units have balconies with a small storage room. Except the 15 ground floor units facing South, the ground floor units have patios. The 57 units sit on a large 1.82 acre lot. Both ends of the property have very large fenced and gated parking lots with space for 80 cars. All units have continuously been renovated and updated as tenants move out, so new tenants can enjoy the latest updated units. The property offers on-site laundry, large pool, spa pool and a barbeque grill area. The property also has 4 unused ±135 sf storage units. These storage units could be equipped with storage cages and leased out for additional property income. The complex is located right across from Clark High School that includes both a baseball and football field. Cashman Middle School and Cashman Park is located 5 minutes from the property, and so is the local Smith’s grocery store. A 3-5 minute drive from the property is a vast selection of shopping and restaurants, and likewise is the on/off-ramp to the I-15 freeway.