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Ad ID: 22022250
Visits: 342
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Street address: 740 ne 5th ave, crystal river, 34428
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Location:
Tampa Bay
Date Listed: Jun-30-08 For Sale by Owner 19 ApartmentsComplex in Beautiful Crystal River, Florida 740 NE 5th Ave Apartments, Crystal River,Fl 34428 and 470,472,476,486,& 488 Crystal St ,Crystal River FL Apartment Buildings (by Dick Schohl[Fl] ) MAKE OFFER I am retiring and have 19 apartments cpmplex in Crystal River, Florida. They all have their own electric meters and have water meters.They are near town and consists of 2 buildings with 7 - 2 br 1 ba apartments and a courtyard between them, 2 duplexes one with 2 2br 1 ba and another with 2 1br 1ba, a 3rd is a 3br 2 ba. A total of 5 buildings cbs on one block. Their is also a 2 wassher, 2 dryer laundry area. asking $1,500,000. Income $120,000 @ $10,000 per month 5 % Vacancy 6,000 Effective Gross income 114,000 No of units Unit types Current rent Monthly Income Expenses tenants 10 2/1 $550.00 $ 5,500 Taxes (2005) 9,978,78 1 1/1 $650.00 $ 650 Taxes 1,875,75 2 2/1 $400.00 $ 800 Water,Sewer,Rubbish 9,000 2 2/1 $600.00 $ 1200 Insurance 4,179 1 3/2 $600.00 $ 600 Total Expenses 25,033,53 1 2/1 $475.00 $ 475 1 1/1 $420.00 $ 420 Net Operating Income $88,966.47 1 1/1 $450.00 $ 450 19 $10,095 352-563-9857 or cell 352-228-7328 Richard Schohl krisdick@earthlink.net |
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