Saturday, January 17, 2009

12 unit apartment-bank owned-$499,900- Such a Deal!

Fully occupied 12 unit complex with many long term tenants and a great rental history. Property consists of 5 1 bedroom 1 bath units and 7 studios. Close to all kinds of good shopping in downtown Redding. An ideal investment with rents at $500 for the 1 BR and $350 for the Studio. This is one of many that we have in the Redding area, so e-mail for details, financials, photos, etc.Gross incomes of $61,200 annually.
Location Description:
East Street is just east of Pine Street, the main north south main street in downtown Redding. Located near South Street, tenants can walk to shopping, banks, etc.Redding is 165 miles north of Sacramento on I5. Fully occupied 12 unit complex with many long term tenants and a great rental history. Property consists of 5 1 bedroom 1 bath units and 7 studios. Close to all kinds of good shopping in downtown Redding. An ideal investment with rents at $500 for the 1 BR and $350 for the Studio. This is one of many that we have in the Redding area, so e-mail for details, financials, photos, etc.Gross incomes of $61,200 annually.
Location Description:
East Street is just east of Pine Street, the main north south main street in downtown Redding. Located near South Street, tenants can walk to shopping, banks, etc.Redding is 165 miles north of Sacramento on I5.

www.ronlargent.com ronlargent@kw.com

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