21 Unit apartment complex, with attached laundry facility, that stays near 100% occupancy. (20) 1 bedroom units, with (1) 2 bedroom unit and separate laundry unit on site. Units average 97.5% Occupancy rate, while maintaining a estimated 2% collection loss. Complex was bought in 2011, and completed gutted. Brand new electrical, plumbing and sheetrock in all units. New hotwater heaters, and new central A/H in all units. Each units has new fencing to provide a divided back patio for all units, except for the 2 bedroom. Exterior has had brand new hardiplank along all sides except for the front which is existing brick. All expenses and income in the listed is accurate data from end of year 2012.
Courtesy of Cornerstone Properties
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