5437-5445 Page Blvd Apartments are four 3-story Brick Apartment Buildings. Each building boasts a 1,000 SF 3-bedroom Apartment on every floor. The property has undergone a recent 100% renovation, elevating it to a modern standard. These contemporary apartments feature spacious bedrooms with high ceilings (8 Ft +), ceiling lights, 6-panel doors, laminate flooring, drywall, insulated windows with mini blinds, and sleek kitchens adorned with subway tile, electric range, hood, and refrigerator. The apartments are all electric and have a 200-amp service with a Homeline load center for all outlets, lights, and kitchen appliances inside each apartment. All HVACs and plumbing systems are also newer. Steel Stairs lead from the kitchens to the rear parking lot. Tenants pay for electricity.
Financials
Monthly rents range from $848 to $1195, providing a solid foundation for a promising Proforma Net Operating Income of $113,428 with all units occupied.