Great opportunity to own rental property in a high demand area. Fully occupied. Current comps show rents are up to 850/m in this community, increasing annual rent to 40,800. With property management in place this is a potential 9.27 cap investment. This property has been well maintained and a new roof added in 2017. All annual leases. One tenant has occupied 5 to 6 years. Two have occupied for 2 years. One is less than a year. Public records shows property as having only one bath but there is a half bath in each unit connected to the master bedroom.
Listing courtesy of BLUE PEAK REALTY LLC. Selling Office: .