Turnkey investment opportunity: 16 unit apartment complex for sale. New parking lot, landscaping, windows, siding, and hot water heater. All units have been remodeled. All one bedroom apartments (8 on the main level and 8 on the lower level). Solid rental history with 100% currently occupied. Appliances included. Tenants pay electric and Landlord pays water/sewer/gas. Long-term tenants. Great location. Park-like setting. Walking distance to downtown. On-site laundry which provides additional income. 10% cap rate. Excellent investment opportunity!
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.
