Sale Information

Asking Price: $3,400,000

Building Size: 50,688 SQ FT

Lot Size: 142398

Cost per Square Foot: $67.08

Property Overview

The Country Estates Manor is a 48 unit property comprised of 16 2 bed, 1 bath units and 32 3 bed, 2 bath units. There is a central courtyard that has plenty of grassed area as well as a pool and clubhouse. Owner currently self manages and has 2 other maintenance employees to assist. Owner may be interested in continuing to manage the property for 5% management fee. The roof was replaced in the last 3 months, and there is no deferred maintenance on the property. The three bedroom units have washer/dryer connections. There is an on-site laundry facility with leased equipment - 5 washers and 6 dryers - less than 1 year old. Owner currently receives an average of $200 per month in laundry revenue. Tenants are responsible for all utilities, owner only pays utilities for common areas - office, laundry room and pool expenses.

Built: 1998

Occupancy: 100%

Property Details

Broker Information

Waller Group LLC
Logan Waller

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