2025 - Range from $544 to $863 per unit, totaling $9,557
Description:
Apartment block converted to condos: 1 one-bedroom, 11 two-bedroom units
Rental rates:
1BR – $975
2BR – $945 / $1,400
Concrete construction circa 1978
All above-ground suites feature A/C (8 units replaced 3 years ago) and glass-enclosed balconies with aluminum railings
Fire alarm system upgraded
Air pressurization and hallway heating system located on roof
New boiler and roof installed ~8 years ago
Laundry equipment leased
Security cameras installed at a cost of $25,000
PLEASE CONTACT DEL PETERS REALTY FOR FINANCIAL INFORMATION
Disclaimer: Del
Peters Realty received the above information contained
in this proforma from sources deemed reliable but do not guarantee
same. Each investor must rely on their own investigation of
the salient facts.
