The Maple Manor Apartments consists of three 8-unit apartment complexes offered as individual complexes or as a 24-unit complex which is offered for $4,375,000. 300 Maple Street consists of two buildings with a 5-unit complex and a 3-unit complex on one parcel. There are 6 one bed units and 2 two bedroom / two bathroom units. Unit Two is approximately 1050+sq. ft with a non operational fireplace and a private deck. Unit 6 is approximately 846 square feet. Unit 2 & 6 have gas wall furnace heat, which is provided at the owners expense. This complex also has seven covered carports, one off street parking space, and a garage which is used for storage and an operations shop. Average rents for the 2 bed units is $1325 and $1001 for the one bed units. Exterior has been freshly painted, has low maintenance landscaping, and most of the water lines have been replaced with copper. Laundry equipment is owned by the complex. There is signifigant potential rent upside in all units.
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Listing Courtesy ofAlbers Real Estate Investment Company