96 Apt, Student Apt. Complex for sale

[Robb Payne]

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

 

[Roberta Newell]

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

[LA Blount]

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 [e-mail] ...Look forward to receiving the info package. 

[Art Jackson]

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 [e-mail].  I look forward to receiving the information with the forms shortly. Art