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Coldwell Banker Latorre Realty
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| Charles Allen Bruce |
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Email Charles Allen |
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Phone: |
843-795-8011 |
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Cell: |
843-224-0293 |
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Fax: |
843-795-0943 |
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Address:
5611 Craig rd
Type: Commercial
Style: Multiplex "7 unit"
Size: 5,268 sq. ft.
Lot Type: Rectangular
Lot Size:
0.34 acres
Year Built: 1950 "newly renovated"
Taxes: $2,200.00 (2006)
MLS®: 2738202
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Apartment income #1 650, #2 400, #3 650, #4 800, #5 450, #6 500, #7 500 Total - 3950 Owner pays water and security lights which are approximately 250 per month total. All units are newly renovated and have tenants in place. Full one month deposits on all units. Cap Rate figuration is ((3950*12)-(250*12)*.95)/.1 10% Cap Rate is 421800 worth. Seller is willing to consider all offers. We are not rushing to sell, so please do not low ball. Seller Carryback is an option as well as other terms of creative financing. Unit 1 is 3 bedroom 1.5 bath, 2 is 1 bedroom efficiency, 3 is 3 bedroom 1.5 bath, 4 is 5 bedroom 1 bath house, 5 is 1 bedroom 1 bath, 6 is 2 bedroom 1 bath, 7 is 2 bedroom 1 bath. #3 is still in renovation but will be completed with renter in place by closing. BSO renovated entire complex during ownership. Call 1-800-630-7338 ext 3001 for free 24 hr recorded info
Agnt Notes: Seller is member of LLC which owns the property. If sq footage is important measure, measure, measure. Tenants are not to know property is for sale, property interior will only be shown with ratified contract contingent upon the interior inspection of property. All offers must be accompanied by preapproval letter or letter of proposed financing
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Interior Features
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▪ Carpeted Floors
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▪ Ceiling Fan
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▪ Vaulted Ceiling
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Appliances
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Exterior Finish
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Cooling
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Roof
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Heating
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View
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Sewer/Water Systems
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