This apartment complex is 40% complete with 4 buildings complete and 8 apartments in each building. There are 6 more building in the development that are to be built. The total complex will equal 10 with a total number of 78 units available for leasing. The possible Gross Annual Income is $824,500 when completely rented with a projected Cap Rate of 8.5%. Agent can give an investor proforma spreadsheets showing potential income of the complex.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
