Camino at Merlayne **ASSUMABLE LOAN**

Camino at Merlayne Apartments is located in a quiet, residential neighborhood just off E Sunset Rd & Boulder Hwy. It is minutes away from shopping, gaming, and many more attractions on Boulder Highway. This Location also provides easy access to the I-95 and I-215 freeways and major employment such as major employment centers in the Southeast area and to the Boulder “Strip” hotel/casinos. Across the street sits Edna Hinma Elementary School, a community Baptist Church and Wells Park, offering residents a plethora of benefits including a walking park, playground, pool and ball field.Camino at Merlayne Apartments offers investors a best-of-both-worlds opportunity to acquire a very well located asset with an excellent unit mix. The property consists of (32) 2B/2b units, along with (2) recently added studio units, totally 34 units. These unique 2 bedroom 2 bathroom floorplans offer dual-master layouts ideally situated for roommate or family living scenarios. The buildings were built in 1994 and sit on .65 acres of land. Residents enjoy onsite laundry facilities, security cameras, nearly 70 parking spaces with approximately half covered, and a spacious dual entry motor way. Over the last 10 years the property has undergone many tasteful renovations and improvements.