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SOLD

APPRAISED VALUE:
$50, 000.00

ZONING:  R-HD

(SEE ALSO APTS:

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672 S. Jefferson

THOMAS R. WEAVER, JR. TRUST PROPERTY
APARTMENT COMPLEX:

TOTAL MONTHLY RENTS 3075.00
STATUS OCCUPIED
AVG MONTHLY UTILITIES 601.00
AVG MONTHLY EXPENSES 700.00
98 INCOME 24,532.00
99 INCOME 14,170.00
99 TAXES 977.00
00 INCOME 23,320.00
00 TAXES 990.58


Special Notes:
OCCUPANCY RATING NEAR 100% ANNUALLY!
BEST PURCHASE VALUE, BUY ALL FOUR LOTS ON JEFFERSON!!
$200,000 APPRAISED VALUE.    

Special Features:    
SEVENTEEN UNITS:  THIRTEEN EFFICIENCY UNITS, FOUR ONE-BEDROOM
UNITS. RANGING IN PRICE FROM $125.00 TO $250.00 PER MONTH.
EXCELLENT OCCUPANCY RATING.
      

Potential Annual Expense to Income Breakdown:

GROSS ANNUAL RENTS: $36,900.00
GROSS ANNUAL EXPENSE: $15,612.00
LESS 2000 TAXES: $     990.58
GROSS ANNUAL EARNINGS: $20,297.42