Average square foot calculated using Size range provided by listing agent.
Description
Currently a 6% Market Cap Opportunity in the heart of the University Area! Owner asking less than $96k/Unit!!! This complex offers 12 units; 6 (1 bedroom floor plans) & 6 (studio floor plans) each with patio space located in a single 2-story building with 18 covered parking spaces. Capital Improvements: Each unit has been updated with tile or laminate and mini-split units. Newer roof installed in 2023. All current rents are below market rents and present an investor with a potential 8.5% Cap if rents are brought up to current market pricing. INDIVIDUAL UNITS NOT FOR SALE.Show Description