Check this one out, this 17-unit apartment complex has included 11 one bed and one bath units and 6 2 bed and one bath units,
with updates done to multiple units including locks, security system in place throughout the building and outside, roof repairs.
This apartment includes CMHA and Eden tenants along with private pay. 16 out of 17 units are currently being occupied. Easy cash flow starting on day one. Cap rate 9.35 with a gross income at 168,900 NOI 102,844
Close to dining and shopping and not far from the freeway this complex will not last long contact your agent today.
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 17
- Cooling System: None (Cooling)
- Heating System: Steam
- Heating System: Hot Water (Heating)
- Heating System: Natural Gas
- Legal Description: 427 RICEJR 0147 NP
- MLSID: 5084994
- Roof Type: Composition
- Roof Type: Flat
- Roof Type: Shingle