Description
Investor Special Newly acquired apartment complex that currently has 100% occupancy with 23 tenants. Owner is in the process of installing 23 water meters that will allow the ability to have every tenant pay their own water. This alone will increase monthly rental by approximately $1320 and increase the cape rate to approximately 8% on this investment. Property also includes a metal work shop or maintenance building for storing equipment. These properties typically move very fast so contact your agent today.
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0BEDS
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3.9ACRES
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0BATHS
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01/2 BATHS
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21,404SQFT
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$89$/SQFT
School Information
Description
Investor Special Newly acquired apartment complex that currently has 100% occupancy with 23 tenants. Owner is in the process of installing 23 water meters that will allow the ability to have every tenant pay their own water. This alone will increase monthly rental by approximately $1320 and increase the cape rate to approximately 8% on this investment. Property also includes a metal work shop or maintenance building for storing equipment. These properties typically move very fast so contact your agent today.
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