Thought of the Week – 01-09-2017

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Picture of the Week

 

Thought of the Week

“Do not take life too seriously.  You will never get out of it alive.”

– Elbert Hubbard

Sale Highlight of the Week

 

Property Description:

10-unit apartment complex. 6,624 SF in two single-story buildings built 1953 on 0.5 acres zoned T5-R. SF per appraiser.

 

Details:

  • Size:  21,780
  • Sale Date: 1/5/2017
  • Sale Price: $1,435,000
  • Price per Unit: $143,500
  • Price per SF Land:  $67/SF
  • Property Type: Apartments / Apartment Land

Comments: I live nearby and there is no way this was bought for the existing building’s value.