For Sale by owner Batavia Ohio 45103. $73,888 Net Income! 20 units / 2 bedroom apartments, with 95% occupancy. Set in family friendly neighborhood with good schools! Special finance options available so don't miss this opportunity!!!!

Built of sturdy construction, 20 - 2 bedroom apartment complex, a great find and a great investment!  Set in a quiet family friendly Batavia, Ohio subdivision.  Good schools and close to St. Rt 32 and 50, plus 10 minutes from I- 275 makes getting to the places where residence need to go, is fast and easy.  8 units have their own balcony.  Tenants pay their own electric.  All units come with stove, refrigerator, carpeting and other extras.  The current owner has recently installed new high efficiency thermal pane windows in all units, helping keep tenants utilities bills low and rents paid on time!  $73,888 Net income based on present rental rates and projected occupancy of 93%!  Consider the following:  Operating Expenses: Insurance $4,000, Legal $800, Repairs $3,000,  Auto $2,500, Resident Manager $2,880, Misc $300, Electric $$2,300, Trash $3,100, Water $6,500, Real Estate taxes $12,100.  Total Expenses $37,480 -  A. Income is based on present rental rates. -  B. Operating expenses are base on my actual experience and operating methods. - C. Current rental reduction for resident manager.  Full rental is credited to income. /- D. Discretionary expense for repair and replacement.

Best of all the Seller is willing to work directly with you to make owning this winning property a reality. Special financing options are available so don't wait, call to schedule a showing  or ask questions of the Seller now! 1-888-511-0490 ext. 200103

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