Courtesy of: Catherine Rowe, John L. Scott Ashland, roweteam@johnlscott.com
Courtesy of: Catherine Rowe, John L. Scott Ashland, roweteam@johnlscott.com
$3,000,000
|
Multi Family
|
$3,000,000
230 Grant Street Rare ten-unit investment available within the Hillview Condominium development near parks, downtown entertainment, and Asante Ashland Community Hospital. Seller financing available with variable interest rates starting at 2.5% for terms of 5 and 10 years. Units range from 1, 034 to 1, 174 SqFt - each with two bedrooms and one full bathroom, open living and dining area, high ceilings, kitchen with granite tile counters, and all appliances included. Ground-level units with fully fenced private backyard and poured concrete patio. Average tenant occupancy of four years with current rent amount of $1, 460. Association dues cover all exterior building maintenance - including roof, siding, and paint - along with 1.55 acres of common area landscaping with mature trees, plantings, and grass lawn. Inquire with agents to access additional due diligence and association documents, rent roll, P&Ls, amortization schedules, and proformas with capitalization rates up to 6.31% within five-year period.
Courtesy of: Catherine Rowe, John L. Scott Ashland, roweteam@johnlscott.com
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