GREAT INVESTMENT OR 1031 EXCHANGE PROPERTY WITH EXCELLENT RENTAL HISTORY!17 unit apartment building with 8 - 2BR units and 9 - 1BR units, easy walking distance to downtown Rifle, as well as parks and public transportation. Many units have been recently remodeled along with roof work and exterior improvements including many of the windows and other exterior improvements. Occupancy rate is excellent. On site coin-laundry for tenants, paved parking areas. CAP rate over 7%. Minimum 24 hour notice for showings.
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