This Multifamily Property is no longer advertised on LoopNet.com.
5656 Live Oak St
Glendale Oaks · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
Day one rent growth potential: average asking rents $200+ lower than comps in the area with current rental rates even further behind
Unbeatable location: walking distance from Lower Greenville and Lakewood areas, proximate to Knox Henderson, and more
Tenants currently only covering Electricity, opportunity to implement a bill back system for water to increase revenue
Nearby retail and entertainment include the Lakewood Shopping Center, Trader Joe’s, Sam’s Club, Sprouts Farmers Market, Salad and Go, and more
PROPERTY FACTS
No. Units
40
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low-Rise
Building Class
C
Lot Size
1.16 AC
Building Size
23,968 SF
Average Occupancy
95%
No. Stories
2
Year Built/Renovated
1968/2015
Parking Ratio
2.09/1,000 SF
UNIT AMENITIES
Air Conditioning Balcony Dishwasher
Disposal Microwave Ceiling Fans
Hardwood Floors Vaulted Ceiling High Speed Internet Access
Refrigerator Walk-In Closets
SITE AMENITIES
Courtyard Laundry Facilities
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
1+1
36
-
476 - 594
2+2
4
-
840
PROPERTY TAXES
Parcel Number
00000182179000000
Improvements Assessment
$980,000
Land Assessment
$2,520,000
Total Assessment
$3,500,000
