Investment opportunity!
All 12 units are 100% occupied – currently renting for $1,000 to $1,100 but could be raised to $1,250.
All units are 2 BR, 1 BA. New roof and sewer.
Taxes are $5,000 – $6,000.
There is space to build self-storage units or laundry area.
Management fee 5%, cap rate of 7%
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