Our Marketing really IS the difference...

SOLD

Classic Old Timer 

Olympics Host City

Pride of Ownership

 1930’s Art Deco period multi family property in upscale area of the 2010 Olympics Host City.  Near high-end shops, beaches, ocean front, biking & hiking.  A reinforced concrete apartment building with character suites, professionally managed.   Building is a show piece with many upgrades including new state of the art high efficiency heating plant, complete window replacement with screens, security glass, new high security  exterior door locks, new venting, piping, new surface drain tile, time controlled electric roof exhaust ventilating fan for air quality & temperature control, recently painted two coat exterior finish, newer top quality wool carpets, floor to ceiling tiled shower enclosures, period posters & collectibles, professionally cleaned & sanitized air ducts in all kitchens, bathrooms & common areas  Phase One Environmental Report, UST Removal Report, Property Posting Plan, 2008 Insurance Appraisal all available for viewing.

Gross income $303,252 annually generated by below market rents  Value added potential to increase rents in a very strong residential market.  Property is firmly priced at $6,900,000.  Seller take back mortgage of $3,000,000 payable over 3 years may be available to qualified Buyer OAC.  Information available upon Buyer registration please.