EXCELLENT INVESTMENT OPPORTUNITY - GOOD CONDITION UNITS BUILT IN 1995 WITH UPDATED FEATURES. NEWER CARPETS, PAINT, REFRIGERATORS, WATER HEATERS, WINDOW ROLLERS, BLINDS AND WATER MAIN ISOLATION VALUES. SEPARATELY METERED FOR NATURAL GAS AND ELECTRICITY. PRICED AT 2002 MARKET VALUE WITH ANNUAL CAP RATE OF 7.25% - CURRENT NOTE HOLDER HAD INDICATED THAT HE WILL CARRY A NEW NOTE FOR $200,000 AT 7% INTEREST AMORTIZED OVER 20 YEARS TO BE A QUALIFIED BUYER.
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