Palm Garden Apartments. Great turn key, fully rented complex. Apartments offer an excellent unit mix of 20 2bed/1.5bath and 8 1bed/1bath. Spacious units with central HVAC. Onsite laundry facility, pool with separate bathrooms. Freshly painted and updated. Two hot water heaters (one in each building). There is still room for improvement and to raise rents. Build a play structure and BBQ area. Apartments monthly rent is over $18.5K (proforma rent is over $20K). Almost 7% Cap Rate. Centrally located near hospital, employment, schools and public transportation. See our 3D model (walk through the complex and inside some units)
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.
