Property Access
Road Frontage Type: "Public", Road Responsibility: "Public Maintained Road", Road Surface Type: "Paved"
Building
Building Class: Class C, Building Name: Grove Gardens, Construction Materials: "Frame", Effective Year Built: 2020, Features: "Gated", Occupant Type: Tenant, Stories: 2, Structure Type: "Low Rise (1-3)", Total Area: 27938, Unit Count: 1, Unit Types: "Array", Built in 1962, 36 total units
Disclosures
Exclusions: Tenant possessions
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Real Estate Tax", "Utilities", Operating Expense: $401,193, Projected Annual Expense: $181,874
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 401193.00, Gross Income: $588,890, Projected Annual Net Income: $418,131, Projected Gross Income: $600,005
Lot
Acres: 1.05, Area: 1.05, Features: "Near Public Transit", Parcel Number: R0099984, Square Feet: 45738
Owner Pays
Owner Pays: "Electricity", "Gas", "Taxes", "Trash Collection", "Water"
Parking
Parking Total: 42, Carport Spaces: 0, Offstreet Spaces: 42, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 38663, Legal Description: SUB:FEDERALVIEW SUBD DESC: THAT PT OF LOT 29 DESC AS FOLS BEG AT COR OF LOT 29 WHICH IS SE COR OF LOT 30 TH S ALG E LN OF SD LOT 29 205 FT TO SW COR OF LOT 28 TH CONT S ALG SD E LN 109/73 FT TO PT ON S LN OF LOT 29 TH W 150 FT TH N 314/73 FT TO N LN OF LOT 29 TH E 150 FT TO BEG EXC TURNAROUND, Tax Year: 2024
Tenant Pays
Tenant Pays: "Cable TV", "Internet", "Telephone"
Utilities
Utilities: "Cable Available", "Electricity Available", "Electricity Connected", "Internet Access (Wired)", "Phone Available", "Phone Connected", "Sewer Connected", Water Included, Water Source: "Public"
Courtesy of Pinnacle Real Estate Advisors [email protected]