Description
Pro Forma Cap Rate 5.86%. If you are looking for upside this is your next project! This 8-unit complex has turned all the tenants since new ownership. Units have been remodeled and corrected to their original form. Tenants currently residing in all units, with exception to one, all have subsidized rent paid by either section 8 and LSS. 3 units are currently vacant. 2 of these units will be filled by section 8 tenants soon.
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4BEDS
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0.17ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
Pro Forma Cap Rate 5.86%. If you are looking for upside this is your next project! This 8-unit complex has turned all the tenants since new ownership. Units have been remodeled and corrected to their original form. Tenants currently residing in all units, with exception to one, all have subsidized rent paid by either section 8 and LSS. 3 units are currently vacant. 2 of these units will be filled by section 8 tenants soon.
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