This Multifamily Property is no longer advertised on LoopNet.com.
1244 W Devon Ave
100% Leased Student Housing & NNN Commercial · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
Student tenants with near zero historical vacancy
Minimal amount of similar rental product in submarket
1 commercial unit.
Fully occupied commercial spaces with NNN leases
Turnkey and cash flowing
PROPERTY FACTS
No. Units
10
Property Type
Multifamily
Property Subtype
Apartment
General Retail Storefront Retail/Residential
Multifamily Dormitory
Apartment Style
Low-Rise
Building Class
A
Lot Size
0.23 AC
Building Size
16,864 SF
Average Occupancy
100%
No. Stories
3
Year Built
2016
Parking Ratio
0.59/1,000 SF
UNIT AMENITIES
Stainless Steel Appliances
SITE AMENITIES
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
2+2
2
$2,425
1,142
3+2
6
$2,750
1,060 - 1,207
3+3
2
$2,900
1,306
PROPERTY TAXES
Parcel Numbers
Multiple
11-32-330-040-0000
11-32-330-043-0000
11-32-330-041-0000
11-32-330-042-0000
Improvements Assessment
$222,200
Land Assessment
$45,000
Total Assessment
$267,200
