This property has just been reduced $300,000, from $1,650,000 to $1,350,000. This listing is now listed $534,000 below the tax appraisal. Seller is very motivated, so bring an offer and he will give serious consideration to all offers. It is on TWSA sewer. There are 9 different apt. building with acreage that will allow 5 more 2 BR apartments per Forest Hill zoning. Seller is very motivated and will give serious to all offers. The approximate figures for the cap rate is 8%, which supports the asking price.
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