current rents: 2 bedroom/1 bath/ 833 sqft $950 1 bedroom/1 ... · 2 beds 1.0 baths $950 rent (801)...
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George Richards
CCIM (801) 631-9963 (mobile)
$4,995,000 OFFERED AT
Park View Apartments 247 Vine Street
Murray, Utah
30 UNIT APARTMENT BUILDING FOR SALE!
• Located In the Heart Of Murray • Built In 1970, Updated In 2016
• (12) 1 Bedroom, 1 Bath Units • (18) 2 Bedroom, 1 Bath Units
• 30 Covered Parking Stalls • Open & Light
• Great Location-Overlooking Murray Park • Close To Shopping & Restaurants
• On Site Laundry Facility
CURRENT RENTS: 2 Bedroom/1 Bath/ 833 Sqft $950 1 Bedroom/1 Bath/ 721 Sqft $825
Liz Smith
Co-Agent (801) 580-3971 (mobile)
Gorgeous 1-bedroom in the heart of Murray withUpdated Features, Central Heating and Patio!
1BEDS
1.0BATHS
$825RENT
(801) 654-0161www.conceptproperty.com
PROPERTY ADDRESS
247 East Vine Street - 04Murray, UT 84107
SQUARE FEET: 721 AVAILABLE: --
DESCRIPTION
Don't miss out on this super cute & very spacious 1 bedroomapartment in the heart of Murray!
To arrange a viewing or for more information please call/text801-701-1008 or email us: [email protected]
These spacious apartments offer:
*New Vinyl (select units)* Large bedroom!* Patio area off of Living Room.* Walk-in Closet in Bedroom!* Hall Storage!* Great Natural Light.* Open Dining and Living Space.* Separate sink from bathroom.* LED lighting throughout.* Large Bathroom
The Community Boasts:
* Conveniently located just off of I-15* Overlooks a beautiful Murray Park* Close to Shopping & Restaurants Galore!* Easy access to Trax and Frontrunner* On-site Laundry Facility!
Call us today to see this fantastic apartment! It won't last long.801-701-1008
Security deposit $650 OAC
Absolutely no smokingNo petsIncome requirement: 3x monthly rent amount
Resident is responsible for all utilities (w/s/t flat fee).Photos may be of similar unit.
RENTAL TERMS
$825Rent$650Security Deposit
$35Application Fee
Amazing 2-bedroom right next to Murray Park w/private balcony & washer/dryer hookups!!!
2BEDS
1.0BATHS
$950RENT
(801) 654-0161www.conceptproperty.com
PROPERTY ADDRESS
247 East Vine Street - 17Murray, UT 84107
SQUARE FEET: 833 AVAILABLE: --
DESCRIPTION
Charming and large 2 bedroom in Downtown Murray with aGreat View!
For questions or to schedule an appointment to view, Call/TextSage @ (801)701-1008 or email [email protected]
Also includes:
* Tons of Natural Light* Private Balconies* Accent Walls* Air conditioning* Lots of storage with full washer/dryer hook ups* Reserved Covered Parking* On-Site Laundry* 24 Hour Emergency Maintenance available
Incredible Location close to:
* I15* Front runner and Bus Stops* Great Schools* Plenty of Parks including Murray City Park, Shops and withinwalking distance to State Street.
Deposit: $650 DepositResident is responsible for all utilities.
*Acceptance is based on approved credit.*No Pets*NO SMOKERS*Pictures may be of a similar unit.
RENTAL TERMS
$950Rent$650Security Deposit
$35Application Fee
RENT ROLL AND EXPENSES
PARKVIEW APARTMENTS
November 2018 – October 31, 2019.
Gross Operating Income (GOI) - $316,850
Less Expenses - $120,400
Net Operating Income (NOI) - $196,450
Proforma GOI = $331,164 (Based on current asking rents)
Proforma GOI = $364,280 (Based on 10% increase in rents)
Proforma NOI = $243,880
Note: See marketing flyer on renters. They had a 96% occupancy rate. Very good location in Murray close to many amenities.
Call Listing Agents for complete information. Property tour only after acceptable offer during due diligence period.