Description
6+% Cap rate. Fully rented and stabilized 6 plex providing a great return. All tenants have been screened and have made timely payments. Owner has not missed one payment since taking ownership of the property. Proof of rent payments can be made available upon request. Unit mix consists of (3) 1 bedroom + 1 bath lofts (Second floor loft can be used as a second bedroom) and (3) 1 bedroom + 1 bath. Half of the units have been renovated, the other half require some renovation if the new owner wishes to increase rent.
School Ratings & Info
Description
6+% Cap rate. Fully rented and stabilized 6 plex providing a great return. All tenants have been screened and have made timely payments. Owner has not missed one payment since taking ownership of the property. Proof of rent payments can be made available upon request. Unit mix consists of (3) 1 bedroom + 1 bath lofts (Second floor loft can be used as a second bedroom) and (3) 1 bedroom + 1 bath. Half of the units have been renovated, the other half require some renovation if the new owner wishes to increase rent.
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