Photo 1 of 1
$1,000,000
Sold on 6/09/17
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$4,300 |
1964 |
|
On the market:
95 days
|
View full details, 15 photos, school info, and price history
Devonshire Apartments is a low density single-level block constructed
apartment property in a garden-style setting. Key componentry of single metering, block construction and pitched roofs make this nicely
maintained asset an ideal income producer for the investor. Unit mix consists of eight 1-bed/1-bath units of approximately 630 SF, six 2-bed/1-bath units of approximately 720 SF and two 2-bed/1-bath units of approximately 840 SF. Residents also enjoy covered parking and an on-site laundry facility. Recent capital improvements to the property include new roofs for all 5 buildings, 12
new HVAC units, and new flooring in some of the units. The property is
currently 100% occupied with below market rents. There is upside in the
rents of $25-$50 through minor upgrades to the property.
