
Description
Pro Forma Cap Rate 6.61%. If you are looking for upside this is your next project! This 14-unit complex has turned all the tenants since new ownership. Units have been remodeled and corrected to their original form. Tenants currently residing in all units, with exception to 2, all have subsidized rent paid by either section 8 and LSS. Many units being turned and in the section 8 system to fill with tenants soon.
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4BEDS
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0.17ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
Pro Forma Cap Rate 6.61%. If you are looking for upside this is your next project! This 14-unit complex has turned all the tenants since new ownership. Units have been remodeled and corrected to their original form. Tenants currently residing in all units, with exception to 2, all have subsidized rent paid by either section 8 and LSS. Many units being turned and in the section 8 system to fill with tenants soon.
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