West Dean Apartments
A 24-unit apartment property with extensive renovations in two nearly identical 12-unit buildings. They both sit on 1.32 acres of land and were originally built in 1976. West Dean Apartments has wood frame construction, brick & vinyl exterior, pitched asphalt shingle roofs, full basements with coin-operated laundry (leased), attractive landscaping and ample parking. The property has undergone extensive capital improvements including new roofs (2013), gutters (2013), boilers (2014), and windows & siding (2014). 11 apartments have had completely updated kitchens with new cabinets, flooring and appliances. The combination of these recent updates and internal rent upside offers the next owner a turnkey property with increasing cash flows. Each apartment is a spacious 2 bedroom layout, in which tenants pay for electricity, cable and internet. Rent includes heat, hot water, trash removal, water & sewer.