Great investment w/ long term tenants in place on month to month. Beautiful 4 Bedroom 2.5 Bath. Updated Kitchen, Baths, Flooring, Selling one other units as well. Entire comm. going through renovation. Every owner/buyer will pay approx. $7200 to update exterior! There is a Special Assessment now of $7,200. Seller will pay. There will be another Special Assessment in in 2 Years. Depending on the condition of the home it may be 10k, 20k, 40k, 60k, nobody knows at this time. Depends on what they find when they try to pass there 40 year inspection. If they cannot get a loan to make these repairs, I doubt it, but it's possible the entire community can be condemned. This unit is in good condition & may only be 10k or less and the home will then be worth $250k after repairs are made.
