The Mackenzie Apartments Sold for $536,250

The Mackenzie Apartments Sold for $536,250

SOLD!  A seven unit building located south of Powell Boulevard and SE 136th avenue for $536,250.  The seven unit property was operated well by the seller who took great care for her tenants.

The Mackenzie Apartments Has a Vintage Feel

The Mackenzie Apartments Has a Vintage Feel

The property features two bedroom units with washer and dryer hookups, off-street parking, extra storage and vinyl windows.

Another Property Sold by Joseph Bernard Investment Real Estate

Another Property Sold by Joseph Bernard Investment Real Estate

The statistics:

Price:  $536,250

Estimated Cap Rate:  6.61% (includes a budget for management)

Price per square foot:  $87

Price per unit:  $76,607

Bernard Gehret and Michael Candianides Represented the Seller

Bernard Gehret and Michael Candianides from Joseph Bernard Investment Real Estate Represented the Seller

Colin Russell of Macadam Forbes did a spectacular job representing his clients who purchased the property!  Thank you Colin for great work.