Description
Amazing Investment Opportunity in Ceres. This 11-unit apartment complex is 100% occupied and features 2 bedrooms, 1 bath per unit. Each unit is approximately 700 sf. Amenities vary by unit, but mainly consist of laminate kitchen counters, freestanding gas stove/range, wall furnaces, laminate or vinyl flooring. Eight of the units have updated kitchens since 2012. Five units have updated flooring since 2016. Asphalt parking lot and carport roofs replaced in 2019. Roofs are double roofs and are approximately 20 years old. Sellers will be doing a 1031 exchange at no cost to Buyers.
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0BEDS
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0.74ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Amazing Investment Opportunity in Ceres. This 11-unit apartment complex is 100% occupied and features 2 bedrooms, 1 bath per unit. Each unit is approximately 700 sf. Amenities vary by unit, but mainly consist of laminate kitchen counters, freestanding gas stove/range, wall furnaces, laminate or vinyl flooring. Eight of the units have updated kitchens since 2012. Five units have updated flooring since 2016. Asphalt parking lot and carport roofs replaced in 2019. Roofs are double roofs and are approximately 20 years old. Sellers will be doing a 1031 exchange at no cost to Buyers.
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