We are selling this property as an investment sale with a CAP rate of 6.8%. We have also factored in a $60,000 dollar price cut so that our buyer has some excess funds available to address some deferred maintenance. If you're working with a client in a 1031 or you just like the area, this property is a must see. Please feel free to reach out with any questions that may arise. CAP rate is 6.8% at $2,127,000. We have factored in a $60,000 budget for deferred maintenance leading us to a 6.8% CAP at $2,067,000.