This Multifamily Property is no longer advertised on LoopNet.com.
4015 Covington Hwy
Forty15 Apartment Homes · Multifamily Property For Sale
·
110 Units
INVESTMENT HIGHLIGHTS
110 Units, Built in 1963 | Gross Building Square Footage of 110,076 SF | Average Unit: 1,001 SF
Individually Metered for Electricity | Copper Wiring
Roofs: 5-7 Years Old
Consists of (72) Two Bedroom/One Bath, and (38) Two Bedroom/One and a Half Bathroom Units | Two Floor Plans: 943 SF & 1,110 SF
Exterior Plumbing Replaced, and RUBS system for Water/Sewer
Windows: Original
PROPERTY FACTS
No. Units
110
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Garden
Building Class
C
Lot Size
8.60 AC
Building Size
108,076 SF
Average Occupancy
95%
No. Stories
2
Year Built
1963
Parking Ratio
1.82/1,000 SF
Zoning
RM75
AMENITIES
UNIT AMENITIES
Air Conditioning Balcony Cable Ready
Disposal Washer/Dryer Hookup Heating
Ceiling Fans Hardwood Floors Refrigerator
Oven Range Walk-In Closets
SITE AMENITIES
24 Hour Access Business Center
Laundry Facilities Picnic Area
Playground Property Manager on Site
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
2+1
110
-
943 - 1,110
PROPERTY TAXES
Parcel Number
15-220-02-064
Improvements Assessment
$2,817,640
Land Assessment
$382,360
Total Assessment
$3,200,000
