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Property Description

Non-MLS transaction for comp purposes. Completely remodeled 21-unit apartment complex. Twenty 1-bdrm units, one 3-bdrm unit. New kitchens, baths, flooring, electric, plumbing, pavement, interior hallways, entries, etc. 100% occupied. Approximately an 8.1% cap rate. LL pays water, sewer, garbage, and hot water. Tenants pay electric.

Overview

Property Status
Sold
MLS ID
22-452
Property Type
Multi-Family
Year Built
1920

Features & Amenities

Total Area
16,000 Sq.Ft.
Air Conditioning
Window Unit(s)
Appliances
Dryer, Microwave, Range, Oven, Refrigerator, Washer
Sales Price
$1,550,000
Real Estate Tax
$5,117/yr

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546 S Dakota Ave

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    License #17988

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