***Professionally managed building has been well cared for and is a turn key operation*** ***6/7 units have been updated for easy turnover, the 7th unit has a long time tenant*** ***Over 11% Cap Rate and 20% Cash on Cash Return with room for a savvy investor to eliminate expense, increase cash flow, and realize greater returns*** NEW SIDING; NEW ROOF; NEW APPLIANCES; 100% OCCUPANCY; LOW ANNUAL TURNOVER COSTS; HIGH RENTAL AREA. 4 STUDIO, 2 ONE BEDROOM, AND 1 TWO BEDROOM UNITS. ***BONUS*** ***UNIT #8 NEEDS COMPLETE BUILDOUT. REPRESENTS POTENTIAL FOR ANOTHER $6000 GROSS ANNUAL INCOME*** Subject to bank approval of short sale.
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