Just reduced for Quick sale...TURNKEY, REHABBED 10 unit property in an excellent rental area on nearly 3/4 acres and 2 Parcels. Most units have been rehabbed, ceramic tile floors and assigned covered parking. (2) One Bedroom/One Bath and (8) Two Bedroom/One Bath Units. All individually metered for electricity. Great freeway access to the I-10 and I-17 and nearby Van Buren has lots of shops, grocery and restaurants. This property Is currently bringing in total rents of $56,000 Gross income Then after projected expenses of $26,474 the amount an investor would pocket is approx $30,000 per year based on pro forma. This is over 11%% CAP Rate.NOTICE***** slide show and video in this listing (cut and paste the link into your browser)
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