Owner-Agent Very well maintained apartment complexs with 50 units. Almost 100% rented most of time. Very steady income. Some units are under HUD to further secure the income. On site Manager. State troopers live around, very quite and peacful envirnment. A brand NEW water line cost more than $100,000 was installed in Feb., 2007 and no any utility expenses need to be covered by lanlord. New carpet, vinyl, HVAC in a lot units. Estimate CAP rate is ABOVE 12%. The BEST investment oppotunity that can hardly be found. SELLER IS MOVING, VERY MOTIVATED! CALL 864-542-6496 for showings.
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