Another Iconic Closing!
Ambassador Apartments features 40 units with eight Bachelors, twenty-four Studios, and eight 1-Bedroom/1-Bath units. The property has a subterranean parking garage with 20 individual parking spaces.
After inheriting the property from their parents, the out-of-state owners quickly realized the headaches of owning apartment buildings. Despite having a third-party management company, they wanted to avoid the stress and responsibility which ultimately pushed them to sell.
SALE HIGHLIGHTS:
Sold for $4,325,000
15 Buyer Property Tours
8 Competitive Offers
$108,125 Per Unit
10 Day DD | 45 Day COE
Various Legal Issues
