Property
Pending
25 more
Presented By: ERA REAL Solutions Realty, LLC;
Fully occupied multifamily investment opportunity in excellent rental market. Twenty, 2 bedroom apartment units (~750 sqft) in two buildings situated on 1.25 acres. Tenants pay for heat and electric (separately metered). Ample parking onsite w/room for expansion. Onsite pay laundry is managed by 3rd party vendor (Jets). Storage lockers available for each unit. Located 0.5 miles from St Rt 32 and downtown Batavia making it walkable/rideable to shops/dining etc. Short drive to Eastgate shopping district (6.5 miles). Average rents are well below current market rents, coupled with quickly growing demographics and new Purina factorty makes for compelling upside. Current NOI is $120,000+. No owner financing available. 100% occupancy.
Presented By: ERA REAL Solutions Realty, LLC;
Unit2Bedrooms0
Unit4Bedrooms0
Bedrooms Possible
Unit1Bedrooms
Unit3Bedrooms
Unit 1 Full Baths0
Unit 2 Full Baths
Unit 3 Full Baths
BasementNone
Fireplace FeaturesNone
Window FeaturesAluminum, Vinyl
CityBatavia Twp
Close Price0.0
Construction MaterialsBrick
CoolingCentral Air
CountyClermont
DirectionsSR 32 to Riverside Dr, head south, left on Diana Ave, Right on East Charles and then right on Old Boston.
Exterior FeaturesBalcony
GarageNone
Garage Spaces40.0
HeatingElectric, Forced Air
High School DistrictBatavia Local SD
Interior FeaturesStorage Area
LevelsTwo
Lot Size Square Feet54450.0
Lot Size UnitsAcres
MLS AreaClermont-C01
Net Operating Income120202.0
NumberOfUnitsTotal20
Open Parking Spaces40
Property SubTypeApartment
Property TypeResidential Income
RoofShingle, Membrane
SewerPublic Sewer
StatusPending
Structure TypeApartment 5+
Unit 1 Rent0.0
Unit 2 Rent0.0
Unit 3 Rent0.0
Unit 4 Rent0.0
Year Built1970
Foundation DetailsPoured
Lot Size Acres1.25
Parking FeaturesAsphalt
Water SourcePublic
Realtor