These are 6 newly constructed duplexes with a total of 12 units operated as independent care units for the neighboring nursing home. Huge Cash Flows: Monthly income $38,827 current cap rate is a 7.2% and goes up every year. This is a turnkey do nothing opportunity. The homes are built inside an assisted living community, and these are leased as independent care units. Management is owned by Sonida Senior Living (NYSE SNDA) at 6%/Mo. 4 units built in 2016, 8 units 2023. 2023 built units are enjoying a 15-year tax abatement. P&L Rental Income ($38,827 / Mo) $ 465,924.00 Yearly Expenses Alisha Ln Yearly Property Insurance $ 9,168.15 Bi Annual Cleaning $ 4,111.18 Community Fee $ 250.00 Food $ 56,446.84 Labor, Maintence & repair $ 6,241.94 6% Management Fee $ 21,523.54 Grounds Care $ 2,908.49 Outsource Payroll $ 222.53 Property Taxes $ 6,783.66 Utilties $ 24,916.78 Trash $ 1,542.03 Total Costs $ 134,115.14 NOI $ 331,808.86 CAP Rate7.18%+ Rent Increases every year through Management last year was 2.5%