This Multifamily Property is no longer advertised on LoopNet.com.
Multiple Addresses
Old River Place · Multifamily Property For Sale
·
249 Units
INVESTMENT HIGHLIGHTS
• Immediate Loss to Lease Upside Greater than 10%
• Desirable Mix of Large Two & Three-Bedroom Units
• Consistent High Occupancy Levels
• Priced Below Replacement Cost
• Spacious Floorplans & High Demand Unit Amenities
• 249 Units on 72 Individual, Contiguous Duplex, Triplex, and Quadplex Lots
PROPERTY FACTS
No. Units
249
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Garden
Building Class
B
Lot Size
22.27 AC
Building Size
274,796 SF
Average Occupancy
92%
No. Stories
1
Year Built
2011
Parking Ratio
1.81/1,000 SF
Zoning
R-2
AMENITIES
UNIT AMENITIES
Air Conditioning Fireplace Microwave
Washer/Dryer Hookup Heating Ceiling Fans
Kitchen Granite Countertops Oven
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
2+2
125
$1,795
1,004
3+2
124
$1,975
1,204
PROPERTY TAXES
Parcel Numbers
Multiple
544-293-03-00-0
544-571-07-00-9
Improvements Assessment
$719,618
Land Assessment
$227,238
Total Assessment
$946,856
