Under contract pending short term DDP. Back up offers welcomed. Complete turnkey investment property ready to start collecting rents the minute you close. Great rental history for these 24 - 2BR/1BA units with identical and efficient floorplans. Bedrooms are plenty big with large closets. No expensive amenities to maintain or manage. Nice signage in place. 85% occupied now, with average rents at $425 per month, see documents for current rent roll and financials. 10% cap rate with 37% operating expense factor. Small and affordable investment, but large enough to allow some combined management / operating costs. Make an offer today!
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