Property Highlights

Close to parks, downtown, and hospital
Granite tile kitchen counters
Appliances included in each unit
Ground-level units with fenced backyard
High ceilings with open living area
Association covers exterior maintenance

Overview

Rare ten-unit investment available within the Hillview Condominium development near parks, downtown entertainment, and Asante Ashland Community Hospital. Seller financing available with variable interest rates starting at 2.5% for terms of 5 and 10 years. Units range from 1,034 to 1,174 SqFt - each with two bedrooms and one full bathroom, open living and dining area, high ceilings, kitchen with granite tile counters, and all appliances included. Ground-level units with fully fenced private backyard and poured concrete patio. Average tenant occupancy of four years with current rent amount of $1,460. Association dues cover all exterior building maintenance - including roof, siding, and paint - along with 1.55 acres of common area landscaping with mature trees, plantings, and grass lawn. Inquire with agents to access additional due diligence and association documents, rent roll, P&Ls, amortization schedules, and proformas with capitalization rates up to 6.31% within five-year period.

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