Incredible investment opportunity with a cap rate of 8.33% and GRM of 8.13 that instantly cash flows, has NO VACANCIES on 18 HUGE units (856-917sq ft units - much larger than your average 2 bed 2 bath), and great visibility! As you drive into Brawley, just past the new commercial development including Super Walmart, new Starbucks, Burger King, bank, AMPM, car wash, Del Taco and more just within walking distance, you can see this beautiful complex on the left hand side from the highway going into town with a large For Lease sign. Visibility and location could not be better. The complex sits on just under an acre with a beautifully maintained and landscaped courtyard with mature trees and gazebo common area. The concrete parking lot is in excellent condition with assigned parking plus 15 visitor spaces making for ample parking. Many units have been upgraded with tile flooring, new windows and more. There is a community laundry room that provides additional income.
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.
