Waynesville, NC, 28786 - For Sale By Owner

Type:	Property
Address:	931 And 935 Oakdale Ave, Waynesville, NC, 28786
Bedrooms:	N/A
Bathrooms:	N/A
Year Built:	1982
Sq. Footage:	3150.0
Price/Sqft:	$78.50
Property Tax:	new! $1,763
Price:	$247,270
Sale Type:	Expired Listing

Listing added: 2009-01-07

Additional features: School district: Waynesville

7 Unit Apartment Building ( four 2 bed three 1 bed). Four section 8 tentants. Lots of work and rennovations have been done in 2007. Fantastic property management, PERFECT for out of state investor. For sale by owner. 3%% to buyer agent. Please call Scott 619 962 1540

Price $249000.

Gross income=37,800
( 4 on section 8)
County Taxes =1317
Town Taxes =746
Insurance =1050
Water =1500
PManager =3600
Vacancy 5%% =1860
R&M =1500
NOI =26227


Cap rate 10.53 ( with GREAT Property Manager. An individual who lives 2 blocks away and does most of the maintainence himself. All for just $300 a month)

Location Description:
Corner of Oakdale and Crymes Cove Road down the hill from the Country Club. Waynesville NC. 40minutes west of Asheville.

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