19 2br 1ba cottages with fenced yard space and abundant parking make this multi-family complex highly desirable and keeps it 100% occupied. 23 single story units totaling 18,833 sq. ft. on a 1.85 acre lot. Built in 1967, most of the units feature washer/dryer hook-ups and upgraded HVAC systems. Property is well maintained with no significant deferred maintenance. Cap rate of 6.8% is based upon actual 2018 rents and actual 2017 reported expenses. 2018 Tenant Roll and 2017 tax return attached.
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