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Rarely is one presented with an opportunity to acquire a quality apartment investment in a preferred country setting (Clark-Shawnee Schools) surrounded by beautiful deep water lakes!
Lakeview apartments, a medium size investment contains 10 apartment homes plus a three bedroom house wiht a 5 car garage.
Building 1: Six apartments. Four loft units, 2 with eye popping sky lights. Each contains a large bedroom with 2 walk in closets,. Ground floor units (2) apartments each have 2 bedroom, 2 baths plus laundry. Recently constructed 8 car carport.
Building 2: Four apartments each with 3 bedrooms and 2 full baths. All units have good closet space and a laundry room. Each apartment has an inviting private deck area and 2 carports.
The single family home is located at 3640 Crabill Road. Ranch home with 3 bedrooms and 1 bath plus a gigantic 5 car attached garage. Just to the East of the house is a series of 5 beautiful deep water lakes.
Also included in the package is 1570 Warder St. Springfield, 45503 which is a solidly built two-story of frame construction, containing 3 large bedrooms and 2 full baths. The kitchen is recently equiped with new cabinetry, entire interior is freshly painted and has new carpet throughout.
RENT ROLL
Building 1
Unit 1: $625 Available
Unit 2: $625
Unit 3: $475
Unit 4: $465
Unit 5: $465
Unit 6: $465
Building 2
Unit 1: $680 Available
Unit 2: $740
Unit 3: $685
Unit 4: $665 Available
Single Family Home located at 3640 Crabill Road
$880
Single Family Home located at 1570 Warder St. Springfield
$650 Available
Total rent schedule per month is $7,205.
Annual rent schedule is $86,460
Lot Size: 3.13 Acres
Annual Taxes: $ 14,024.71
Property Map
Basic Terms:
10% down by cash or check which will become your non refundable deposit. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Deposit and Closing:
within 30 days of Auction. Ohio Real Estate Title will handle the closing in Springfield.
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.