14% Cap Rate. 14 rental units + large storage area and 1100 retail store in front. Located only a mile from the Light Rail and the Arts District, close to bus and all major freeways. This is a CASH COW with a gated apartment area. Room for RV Parking and store has living area. Upstairs is storage area which could be used for a 2/1 unit ( extra sq ft not included in total). Convenience Store (1,110+ sf) grosses over $8k monthly and is not included in the cap rate. Cash business is excellent opportunity for owner/operator & investors. 90% occupancy. rental units are clean and rent easily, most are long term tenants. Both lots 1605 and 1609 W Latham St. 85007 are for sale. Area is ripe for converting the retail store to a food operation.
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