Turn around 27 unit apartment complex listed at 5.2% Cap Rate based so far on 2023. Current vacancy at 19% which allows for instant potential to increase cap rate.This complex has 1 kitchen 4 showers and 4 rest rooms; coin op laundry, and 6 parking stalls. All studios are decent sized with mini fridge, microwave, bed, chair and desk. All windows upgraded to vinyl cased thermopane. All original systems are intact and working well. All rooms have baseboard radiator heat supplied by central gas fired boiler with four zones, dedicated thermostat on each floor. 2 hot gas hot water tanks. In 2021 and 2022, all flooring was upgraded to LVP. New Torch down roof is 2017. Ask Broker to see more pictures of the property.
Sold
Zillow last checked:
Listing updated:
Bought with:
Jaeyun Jung, 126808
Windermere Real Estate Central
Source: NWMLS as distributed by MLS GRID,MLS#: 2165235
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2024 | Sold | $2,410,000-6.9%$405/sqft |
Source:  NWMLS as distributed by MLS GRID #2165235 Report a problem | ||
| 2/26/2024 | Pending sale | $2,590,000$435/sqft |
Source: NWMLS as distributed by MLS GRID #2165235 Report a problem | ||
| 11/12/2023 | Price change | $2,590,000-3.9%$435/sqft |
Source: NWMLS as distributed by MLS GRID #2165235 Report a problem | ||
| 9/28/2023 | Listed for sale | $2,695,000-10.2%$453/sqft |
Source: NWMLS as distributed by MLS GRID #2165235 Report a problem | ||
| 2/7/2018 | Listing removed | $765 |
Source: Davis Property Management Report a problem | ||
| 2/3/2018 | Listed for rent | $765 |
Source: Davis Property Management Report a problem | ||
| 11/10/2017 | Listing removed | $765 |
Source: Davis Property Management Report a problem | ||
| 9/19/2017 | Listed for rent | $765-4.4% |
Source: Davis Property Management Report a problem | ||
| 5/26/2017 | Listing removed | $800 |
Source: City Closers - Property # 332026 Report a problem | ||
| 5/11/2017 | Listed for rent | $800 |
Source: City Closers - Property # 332026 Report a problem | ||
| 4/12/2017 | Sold | $3,000,000-3.2%$504/sqft |
Source: NWMLS as distributed by MLS GRID #1056081 Report a problem | ||
| 12/28/2016 | Listing removed | $3,100,000$521/sqft |
Source: Skyline Properties Inc #1056081 Report a problem | ||
| 12/10/2016 | Price change | $3,100,000-4.6%$521/sqft |
Source: Skyline Properties Inc #1056081 Report a problem | ||
| 9/14/2016 | Listed for sale | $3,250,000$546/sqft |
Source: Windermere Real Estate Company #965687 Report a problem | ||
| 8/6/2016 | Pending sale | $3,250,000$546/sqft |
Source: Windermere Real Estate Company #965687 Report a problem | ||
| 6/23/2016 | Listed for sale | $3,250,000+99.9%$546/sqft |
Source: Windermere Real Estate Company #965687 Report a problem | ||
| 7/29/2005 | Sold | $1,626,000+112.2%$273/sqft |
Source: NWMLS as distributed by MLS GRID #25073732 Report a problem | ||
| 1/20/1998 | Sold | $766,170$129/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$2,465,100
