Property Information

$2,800,000

Estimated Monthly Payment: $10,374

20.00% down at 3.75% - Change

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Purchase Price

Down Payment ($560,000) % $

Loan Type 15 Year Fixed 30 Year Fixed

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Estimated Monthly Payment at 3.75%:

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Multi-Family Home

40826 Bedrooms

75 Full Baths

ID# 1202172

On HomeFinder.com 07/12/12

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Description

6325 & 6345 Reynolds has a total of 30 units between the two properties. 6325 Reynolds has a total of sixteen units. The mix is four 3- bedrooms, 2- bath units and twelve 2-bedroom, 2 bath units. The square footage of the 3 bedroom units are 1187 SF downstairs and 1241 SF upstairs. The 2 bedroom units are 1187 SF and 1104 SF. The building was designed for minimal owner participation. The owner is only responsible for trash, water and very minimal security lighting. The tenants pay their own gas and electric. The building was completed in 2009 and has had 100% occupancy since the first month it was open. 6345 Reynolds was completed in February 2012 and has been 100% occupied since March of 2012. There are a total of fourteen units. The units are all 3 bedroom, 2 1/2 bath units that are twostory. The square footage is 1460 SF per unit. The floor plan has all the living area downstairs and all bedrooms upstairs. The building again was built with the least amount of owner participation.