PA’s Picks – Join Us in Some Apartment Hunting
August 27th, 2011 by melissa
Check out RealtyBid’s 64-unit apartment complex in Hartsville, South Carolina. Spread out over 7 acres and comprised of 8 separate buildings, this complex also provides an 800SF storage building. We like this pick for its propitious ROI – while the property does need renovations, the Potential Gross Income is projected at over 140K annually. This listing is also strategically located in an area that has a high demand for this type of apartment unit. The online auction is currently live and accepting bids until September 8th.http://www.realtybid.com/
We also noticed the Pemberton Manor Apartment complex in Salisbury, Maryland. Being offered by HUD, PA is picking this one for its sheer volume of inventory: with 29 one-bedroom, 118 two-bedroom, and 62 three bedroom units, you’ll get a lot of bang for your buck on this property. Auction date is September 22nd.
http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/mfh/pd/pemb
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