Pictures and Videos: https://drive.google.com/drive/folders/12_BEQeD0fSCxJ5NIT3keDAXHIUU1qU-m?usp=sharing
2 fourplex apartment buildings, located next to each other
- -4 units per property (8 units together)
- -all 1bedroom 1bathroom, same layout
- -all in good condition, move in ready
- -all tenant occupied
- -long term tenants (one tenant has been there for 10 years)
- -did major repairs on the 3 central air and heat in the last 3-4 months
- -has a laundry attachment at the back and washer dryer hook up
- Profit and Loss: Total rent received monthly is $7,500 or $90,000 annually. Tax and insurance is $7,200, lawn maintenance is about $1,200. Seller says he clears about $80,000 annually.
3815 Osprey Circle
- -owned since 2005
- -1 bed, 1 bath each unit
- -roof is 8 years old
- -replaced the windows in the last 5-10 years
- -1 AC for each unit
- -kitchen and baths were updated in the last 5 years
- -appliances were always replaced
- 2 tenants paying 1000
- Other 2 tenants paying 900/925$
- 2 tenants m2m and other 2 on yearly leases
- All rents are current
3825 Osprey Circle
- -owned since 2010
- -1 bed, 1 bath each units
- -roof is 8 years old
- -replaced the windows in the last 5-10 years
- -1 AC for each unit
- -kitchen and baths were updated in the last 5 years
- Rents: 2 tenants 1000 a month
- Other two tenants: 900$/950
- All 4 tenants on yearly lease
- All rents are current
Required Offer Terms:
- Properties are sold as-is
- All title and escrow fees to be paid by Buyer
- Able to close in 30 days or less
- 3 day inspection period
Offers: Submit offers based on the pictures, video and information provided. This is an assignment of contract, so to submit an offer a simple text or email with your offer terms is sufficient. Email or text offer and questions to:
- Ryan
- 951-775-7186
- Ryan@realtyzoom.com