This Multifamily Property is no longer advertised on LoopNet.com.
916 N Ella Rd
Park Place Apartments · Multifamily Property For Sale
·
65 Units
INVESTMENT HIGHLIGHTS
Over $1,000,000 in Renovations Completed in 2022 – Heavy Lifting Complete
Rare Single-Story Construction Offering Tenants Quiet Living. No Maintenance Costs for External Stairs, or Balconies
Tenants Billed Directly for all Utilities and Pay Additional CAM Fee
74% of the Units Have Yet to be Fully Renovated. Renovated Units Achieve Approximately $300 Rent Premiums
51 Private Garages, 24 Storage Units
PROPERTY FACTS
No. Units
65
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Garden
Building Class
C
Lot Size
6.27 AC
Building Size
48,690 SF
Average Occupancy
94%
No. Stories
1
Year Built
1977
Parking Ratio
2.59/1,000 SF
UNIT AMENITIES
Air Conditioning Dishwasher Fireplace
Storage Space Washer/Dryer Heating
Kitchen Refrigerator Oven
SITE AMENITIES
Laundry Facilities Picnic Area
Property Manager on Site Grill
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
1+1
24
-
560
2+1
20
-
750
2+1.5
20
-
950
3+2
1
-
1,250
