Lots of renovations with new roof since Harvey and new ACs in many units; 16 unit Southern Oaks Apartment consists of 8 - 2 bedrooms 1 bath units at 1703 S Washington St and 8 - 1 bedroom 1 bath units at 1705 S Washington St all units amenities include electric stove, refrigerator, dishwasher, disposal, Central AC-H and ceiling fans; all kitchens also have great cabinet space and all units have good closets space and the 1 bedrooms have a walk-in closets; all units are separately metered water and electric. New roof since Harvey quite a few ACs and Appliances replaced .Solid investment property that stays close to 95 -100% rented with 2020 NOI at $38,353 a year. Cap Rate 4.8% (revised).
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