INVESTOR ALERT! Archdale apartment complex for sale by original builder. Two buildings with a total of 7 units. Each unit is 2 Bedrooms and 1 Bathroom. Both roofs are about 8 years old, per owner. Owner pays annual property taxes of $4,700. The owner pays for the sewer (monthly average $347), trash (monthly dumpster fee ranges $125 per month under 3 year contract 5/25-5/28), mowing and outdoor lighting ($27 per month). $5,850 gross monthly rental with no vacancies. Unit A: $775 per month, currently month to month. Unit B: $850 per month, lease expires 2/28/27. Unit C: $875 per month, lease expires 7/31/26. Unit E: $800 per month, lease expires 2/28/26. Unit F: $800 per month, lease expires 11/30/26. Unit G: $875 per month, currently month to month. Unit H: $875 per month, lease expires 9/30/26. (Tax card reflects 3 addresses due to mobile homes being on the property when purchased. Removed when apartments built.) (PHOTOS ARE OF UNIT#B)
Listing courtesy of Allred & Company, REALTORS. Contact:
Selling Office: Southern Heart Realty.