Location

EXECUTIVE SUMMARY:

Sharon Estates Apartments is compromised of two garden style buildings and a garage situated on a site containing 1.12 acres. They were built in 1996 and are constructed of brick and vinyl with a hi-pitch (asphalt shingles) roof. The property contains a unit mix of twenty-two 700 sq. ft. one-bedroom units. Each apartment has its own individual hot water tank and HVAC system, providing tenants with central air. The tenants are responsible for their own gas and electric; the landlord is responsible for the water. The roof is four years old, and the parking lot is three years old. Notable for investors is the excellent location and condition of this asset.