Brochure available and offers abundant information. This is a solid performing property with room to increase rents. Very little competition for this property and there is room to increase rents 20%. Sale includes all existing FF&E for a turnkey rental operation. This proven revenue-producer kicks out over $127K annually in GOI and a pro forma @ $1600/unit would generate $153,600.
UPDATE: Two apartments are increasing monthly rents with new rental commitments. Apt F will be rented in March 2026 for $1600. Apt. A will be increased over 30% upon turnover. Inquire for details. Plug $1650 monthly into your pro formas.
Owner manages property and is willing to stay on as property manager. Need more information? Send an inquiry with your contact phone number and email address and Listing broker will send a Confidentiality Agreement to sign. Multiple years of solid income history available.
Lots of Interest in this Property! We can show Apartment F anytime until the Week of March 16th. Call and Text Listing Broker to schedule.