Description
The Baltimore Apartments - 76 Unit Government Housing Project. The property consists of 24 buildings totaling 76 Units (28) 3 bed 1 bath (48) 2 bed 1 bath - single level and two story townhouse style apartments. The property occupies 6.39 acres at the intersection of Baltimore Avenue & Kachina Drive and boasts 155 on-site parking spots. The Baltimore Apartments is a rent restricted housing project. The buyer will take title to the property subject to compliance with the rent restriction land agreements. This is a grand opportunity -- and the best commercial investment vehicle near or far. Owning The Baltimore Apartments means a few things -- You will have secured rental income for years to come. You will have a waiting list of tenants. You can reap incredible tax benefits. You will have very happy tenants. You can get favorable financing for this asset. Best of all, there are no interruptions to scheduled rental payments -- which means you have a degree of security that is virtually unheard of today's commercial investment marketplace. The Baltimore Apartments is your chance to partner with the biggest game in town -- The Government. You will profit by providing low income housing -- it's a win for you, a win for the tenants, and a win for the community. Request more information on this incredible opportunity today!
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99BEDS
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6.39ACRES
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76BATHS
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01/2 BATHS
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76,505SQFT
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$65$/SQFT
Description
The Baltimore Apartments - 76 Unit Government Housing Project. The property consists of 24 buildings totaling 76 Units (28) 3 bed 1 bath (48) 2 bed 1 bath - single level and two story townhouse style apartments. The property occupies 6.39 acres at the intersection of Baltimore Avenue & Kachina Drive and boasts 155 on-site parking spots. The Baltimore Apartments is a rent restricted housing project. The buyer will take title to the property subject to compliance with the rent restriction land agreements. This is a grand opportunity -- and the best commercial investment vehicle near or far. Owning The Baltimore Apartments means a few things -- You will have secured rental income for years to come. You will have a waiting list of tenants. You can reap incredible tax benefits. You will have very happy tenants. You can get favorable financing for this asset. Best of all, there are no interruptions to scheduled rental payments -- which means you have a degree of security that is virtually unheard of today's commercial investment marketplace. The Baltimore Apartments is your chance to partner with the biggest game in town -- The Government. You will profit by providing low income housing -- it's a win for you, a win for the tenants, and a win for the community. Request more information on this incredible opportunity today!