Do you want a 9.4% CAP investment, with long time tenants who paid their rent on time through the current pandemic? These 7 individually deeded townhomes each have 2 bedrooms and 1 1/2 baths. Their combined annual rent is $54,360 ($650, $675, $650, $600, $605, $700 and $675). Excluding property management fees, their annual operating expenses were only $11,860 Leaving a Net Operating Income of $42,500 per year. These properties are a sound investment. The current owner is selling due to moving out of state. No low offers will be accepted. Current property manager is willing to consider continuing on with new owner. The addresses included in the sale at this price are:202 Bourbon Ct, 204 Bourbon Ct, 206 Bourbon Ct, 208 Bourbon Ct, 212 Bourbon Ct, 214 Bourbon Ct, and 218 Bourbon Ct.
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