Description
Why buy a run down apartment, spend tens of thousands in rehab and reletting when you can buy this completely stabilized investment with a proven track record with upside income potential? Property features 25 units plus a unit storage (income producing) building. Property has excellent occupancy history. This property has no deferred maintenance, newer roof, updated vinyl windows. All units have central HVAC and exterior is brick and vinyl. |
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Net Operating Income: $132,682
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Sale Status: Expired
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Price: $1,499,000
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Capitalization Rate: 0.09%
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Occupancy Rate: 100%
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Number of units: 25
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