The Fairmount Apartments are a well-maintained 10 unit complex built in 1985 consisting of 6,498 SF of structure situated on a large 9,601 SF corner lot. The unit mix consists of four 2 Bedroom / 1 Bath units and six 1 Bedroom / 1 Bath units each with parking available, upgraded kitchens, built in microwaves, and large closets. Additional features for the tenants are 5 storage spaces, owned common washer and dryer, bike lockers, great exterior lighting and over 20 trees on the property including 4 Queen Palms, 6 Washingtonians and a Crape Myrtle Tree. In additional to the lush landscaping and succulent garden, there is a common patio deck with an umbrella, table and seating as well as a BBQ. The buildings have pitched roofs and there is over 27% upside in rents.
Number of Units: 10
Price Per Unit: 210000
SqFt of Improvement: 6498
BRENT ROBERTS Realtor | CA BRE# 01946139 | 619-762-4883
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