Posted by Chris Macone on November 10, 2005 at 17:21:16:
Hello Jeff, Your project sounds interesting. I would like to recieve more information. Their is private money available for projects like yours.
14 unit in PA - Posted by jeff lest
Posted by jeff lest on November 10, 2005 at 16:51:42:
i am currently managing a property in the philadelphia area … I have the opportunity to buy the building from the current owners , below are some of the details
.
the property is a 14 unit…it has 3 frontages…and the property is shaped like the letter U…the property consists of 4 large 1 bedroom apts…and 10 large 2 bedrooms…
All the units have their own hot water tanks and ( weill mclain ) boilers!!
10 of the units have their own water meters too
there is a small parking lot in the back that can fit about 8 cars…
avg RR is 600 per apt…price 700 k. . There is an onsite super at the bldg
tax 550 month
water 165 month
insurance 500 month
no gas and no elec
any ideas ,
thanks
Re: 14 unit in PA - Posted by R. LaMar
Posted by R. LaMar on November 11, 2005 at 03:56:12:
If you need some additional funds I may be interested in a partnership. Please send any other details you have on the deal.
Re: 14 unit in PA - Posted by Patrick S. Lawson
Posted by Patrick S. Lawson on November 10, 2005 at 17:45:19:
Do you have any funds for a downpayment or is the seller willing to do any financing?
What is the current occupancy level?