96 Apt, Student Apt. Complex for sale

96
Apt

Student Apartment Complex

Gainesville, Florida

Appraised Value

$7.5m

Sales Price

$4M + 3%

OWNER IS SICK AND MUST SELL

7 ACRES (15 BUILDINGS)


NEW ROOFS
 NEW KITCHENS
 NEW TILES
 REDONE BATH ROOMS
 NEW A/C
 Studios               8   (470 s.f each  ) $500 a month
 Town houses    8   ( 895 s.f each ) $670 a month
 1 bed 1 bath   24   ( 724 s.f each ) $575 a month
 2 bed 1 bath   12   ( 949 s.f each)  $680 a month
 2 bed 2 baths 20   ( 1050 s.f each )$700 a month
 3 bed 2 bath   24   ( 1370 s.f each )$850 a month


  TOTAL MONTHLY RENT $ 55,000 a MONTH
 MONTHLY EXPENSES
1) Utilities (gas, electricity, water, common areas $3,850
2) Waste ( pro garbage )                                    $1,250
3) manager                                                            $1,300
4) Pool                                                                       $400
 5) License fees                                                         $100
 6) pest control, supplies ,repairs                   $ 2,500
 7) Property Taxes                                              $ 4,250
 8) Insurance                                                        $ 5,000
9) yard care                                                            $ 500

 

SIGNED MF, NCND AND SOFT POF IS NEEDED TO GET FINANCIALS & RENTAL ETC

 

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Comment by Roberta Newell on January 26, 2015 at 7:50pm

We're interested! We have a great real estate agent and broker. We think you will love our offer. . Thank you for your consideration

Comment by LA Blount on January 25, 2015 at 11:35am

We're interested! Few questions: Are you a real estate agent/broker? What's your relation to the deal? Have you already made a commitment to sell? How soon can you act? My direct email is lablount@gmail.com ...Look forward to receiving the info package. 

Comment by Dean Harter on January 21, 2015 at 9:51am

Hello Robb,

If the buyer of this complex is in need of funding, please dont hesitate to contact me.  i have several lending contacts including one in the Orlando area.  Thank you.    dharter24@gmail.com

Comment by Art Jackson on January 20, 2015 at 7:12pm

I would like for you to email me the NCND and signed MF so that i can provide you with the soft POF.  My direct email address is gennevapropertiesllc@gmail.com.  I look forward to receiving the information with the forms shortly. Art

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