Address Restricted by MLS Address Restricted by MLS El Cajon, Калифорния 92020 Соединенные Штаты
Address Restricted by MLS El Cajon, Калифорния 92020 Соединенные Штаты
$5,580,000
Проложить Маршрут
We are proud to present Merritt Manor, an extremely well-maintained 18-unit apartment complex in one of the nicest areas of El Cajon. The subject property is close to schools, shopping, and transportation. There is an attractive Fannie Mae loan...
- .96 Участок (акры)
- Экстерьер
- Коммерческий
- Тип недвижимости
- 240001794SD
- Веб-идентификатор
- 240001794SD
- Номер в системе MLS
- 96
- дней назад
About Address Restricted by MLS
We are proud to present Merritt Manor, an extremely well-maintained 18-unit apartment complex in one of the nicest areas of El Cajon. The subject property is close to schools, shopping, and transportation. There is an attractive Fannie Mae loan on this property that can be assumed. The interest rate is 3.32%, fully amortized over 30 years, and due in 2027. The current balance on the loan is $2,466,780. With current interest rates averaging 6% or higher, the assumption of the existing loan creates a desirable return on investment. Merritt Manor consists of eight separate one-story buildings, with each unit having private rear yards/patios. Each unit is separately metered for gas and electricity, with individual water heaters and gas appliances. The tenants reimburse the owner for all utilities, including water, sewer, and trash, through a RUBs system. The two front units have attached garages and washer/ dryer hookups, and all the buildings have newer roofs and paint. All the units have wall A/C units. The property has lush, mature trees and landscaping, with plenty of open space between the buildings. The property shows the overall pride of ownership. This property is perfect for a buyer looking for a turnkey investment with some upside in the rents.
Listing Courtesy of Acre Investment Real Estate
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Acre Investment Real Estate
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
функции
- охлаждение
- Пропан Отопление
PROPERTY INFORMATION
- Cooling
- WallWindowUnits
- Heating
- WallFurnace
EXTERIOR
- Construction
- Drywall, Frame, Stucco
- Roofing
- Composition
ADDITIONAL INFORMATION
- Number of Units
- 18
Listing Courtesy of Acre Investment Real Estate