*** 24 MONTH RENT WARRANTY INCLUDED *** Costing the developer years to find the right combination of supportive housing agency partnerships, onsite manager, and over $300k in strategic renovations resulting in a lucrative, efficient, and truly passive income complex . This property is 100% occupied, individually leased (not master) and secured by contract with well-established government funded agencies. A twenty four month income warranty is included, with management assistance and consulting, vacancy cost coverage of up to $25,000, and tenant placement at existing rental rate in the event of a vacancy. All Improvements/upgrades completed were through the city's building department with approved plans and finalized permits. The following is a brief description of some of the work completed : a new 40 year roof, all new windows, new electrical in each unit, new copper plumbing, and abs drainage with clean-outs, new kitchen including new stove and refrigerator appliances, completely new bathroom, new plumbing and electrical fixtures, all new flooring plus much more. All contracts and leases can be provided prior to opening escrow with proof of funds and offer. Reason seller is selling is to purchase a larger complex. ** (Please see attached Offering memorandum and Rent Warranty Addendum) ** contact Isaac Rosales for further details or any questions, thank you.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
