Lone Oak Apartment complex is a two-story, garden style multifamily property consisting of 60 units and onsite coined laundry facility. Listed at $2,520,000 Unit price - $42,000 Land 2.5802 acres (112,394 sqft) Built in 1977 Complex is currently running at 88% occupancy 14 units are 1bed/1bath âEUR" 585 sqft - $685 38 units are 2bed/1bath - 781 sqft - $785 8 units are 3bed/1.5bath âEUR" 969 sqft - $1025 Rentable sqft 45,620 Landlord pays ALL utilities including water, sewer, trash, electricity and gas. Onsite shared laundry facility and vending machine adding additional income averaging $6800/year. All units have dishwasher, range, hood, refrigerator, central air and heat. Most with âEURœwood-lookâEUR vinyl plank or sheet, carpet, some ceramic and 8' ceilings. Some with ceiling fans. Call or email for additional information. DO NOT DISTURB TENANTS OR MANAGEMENT Property will ONLY be sold with Magnolia Gardens Apartments and Greenwell Plaza Apartments which are located within 0.8 mile of Magnolia Gardens Apartment.
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