Description
Welcome to the wonderful and lucrative opportunity of real estate investing! Located in Ronceverte, West Virginia, this commercial opportunity offers two buildings giving a total of 6 apartments which make this a great choice for any savvy investor. The upper building has two apartments and a new metal roof. The lower building offers 4 apartments. Each apartment boats 2 bedrooms, 1 bathroom, a living room, and a kitchen. Enjoy the convenience of city utilities and full occupancy, with no current vacancies! With an excellent rental history and HUD qualified, you can rest assured that your investment will pay off. Don't miss out on this golden chance to jump start your portfolio!Hillcrest Apartments Rental Income Sheet Located in , Hillcrest Apartments is a 6-unit apartment complex offering competitive rental prices in line with other similar properties in the area. This rental income sheet provides a detailed overview of the monthly income generated from each unit, as well as a summary section highlighting the apartment complex's collective monthly rental income. Additionally, we offer an estimated breakdown of monthly expenses to help potential investors assess the property's profitability and feasibility. Individual Units | Unit | Monthly Rent | |------|--------------| | 1 | $500 | Diversify - Several years | 2 | $550 | Private Pay - About a Year | 3 | $475 | HUD - 16 Years | 4 | $600 | HUD - 3-4 Years | 5 | $600 | HUD - 3-4 Years | 6 | $500 | Private Pay - 4-5 Years Summary | Number of Units | Total Monthly Income | |-----------------|----------------------| | 6 | $3,225 | Estimated Monthly Expenses | Description | Amount | |---------------- |--------- | | Property Taxes | $1,970.96 | | Insurance | $XXX | | Maintenance/Repairs| $XXX | | Utilities | $XXX | | Property Management Fees | $XXX | | Other (if applicable) | $XXX | Conclusion Hillcrest Apartments offers a competitive and profitable investment opportunity in Ronceverte, WV, providing an attractive total monthly income of $3,225 from its 6-unit apartment complex. Prospective investors are encouraged to examine the provided monthly expenses in order to assess the overall feasibility of this purchase before moving forward.
-
0BEDS
-
0.8ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
Welcome to the wonderful and lucrative opportunity of real estate investing! Located in Ronceverte, West Virginia, this commercial opportunity offers two buildings giving a total of 6 apartments which make this a great choice for any savvy investor. The upper building has two apartments and a new metal roof. The lower building offers 4 apartments. Each apartment boats 2 bedrooms, 1 bathroom, a living room, and a kitchen. Enjoy the convenience of city utilities and full occupancy, with no current vacancies! With an excellent rental history and HUD qualified, you can rest assured that your investment will pay off. Don't miss out on this golden chance to jump start your portfolio!Hillcrest Apartments Rental Income Sheet Located in , Hillcrest Apartments is a 6-unit apartment complex offering competitive rental prices in line with other similar properties in the area. This rental income sheet provides a detailed overview of the monthly income generated from each unit, as well as a summary section highlighting the apartment complex's collective monthly rental income. Additionally, we offer an estimated breakdown of monthly expenses to help potential investors assess the property's profitability and feasibility. Individual Units | Unit | Monthly Rent | |------|--------------| | 1 | $500 | Diversify - Several years | 2 | $550 | Private Pay - About a Year | 3 | $475 | HUD - 16 Years | 4 | $600 | HUD - 3-4 Years | 5 | $600 | HUD - 3-4 Years | 6 | $500 | Private Pay - 4-5 Years Summary | Number of Units | Total Monthly Income | |-----------------|----------------------| | 6 | $3,225 | Estimated Monthly Expenses | Description | Amount | |---------------- |--------- | | Property Taxes | $1,970.96 | | Insurance | $XXX | | Maintenance/Repairs| $XXX | | Utilities | $XXX | | Property Management Fees | $XXX | | Other (if applicable) | $XXX | Conclusion Hillcrest Apartments offers a competitive and profitable investment opportunity in Ronceverte, WV, providing an attractive total monthly income of $3,225 from its 6-unit apartment complex. Prospective investors are encouraged to examine the provided monthly expenses in order to assess the overall feasibility of this purchase before moving forward.
© 2023 Greenbrier Valley Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Greenbrier Real Estate Service. Data last updated: 2023-10-04T08:35:17.653.