Investment Overview

Koberlin Apartments, constructed in 1979, features one- and two-bedroom units in four (4) different floor plans. The one-bedroom units range from 495 square feet to 576 square feet, and the two-bedroom floor plans range from 725 square feet to 926 square feet with one- and two-bath options. The community offers an on-site leasing office, laundry facility, and off-street parking. Residents are currently responsible for their own electricity. The current utilities paid by the owner include water/sewer, trash, gas, and electricity in the common areas. All units feature a fully equipped kitchen with full size refrigerator, dishwasher and electric range. The property contains multiple 100-gallon water heaters. The one-bedroom units as well as the two-bedroom/one-bath units feature a cooling/heating wall unit, whereas the two-bedroom/two-bath units feature central heating and cooling.