Looking at a 12 unit apartment, owner is asking 288k.
There are 3 buildings, one of the 3 buildings is for laundry, hot water
heater and storage. Court yard layout with units facing inward towards
court yard. All single story.. Apartment has a stable rental history for
2008 to present. All rents are 330 per unit (1 bedroom) one is 550.
Class 3 property.
Any ideas what a good offer might be.
6400 · UTILITIES
6448 · ELECTRICITY- VACANT 305.87
6449 · ELECTRICITY- RESIDENT 844.25
6450 · ELECTRICITY-COMMON 887.00
6454 · GAS-COMMON 6,528.87
6455 · WATER CONSUMPTION 1,273.09
6456 · SEWER 1,925.64
6458 · STORMWATER 152.96
6459 · REFUSE TIP FEE 54.40
6460 · EMSA Fee 43.68
6547 · TRASH PICK UP 606.50
Total 6400 · UTILITIES 12,622.26
7000 · TAXES AND INSURANCE
7010 · REAL ESTATE TAXES 886.50
7013 · PERSONAL BUSINESS PROPERTY TAX 1,873.00
7023 · PROPERTY & LIABILITY INSURANCE 2,245.08
Total 7000 · TAXES AND INSURANCE 5,004.58
My first posting so bare with me. I may need to provide more info for
better advice from forum.
Thanks
