14% cap based on rents actually received ($54K+ in 2011). Two 2 1BR/1BA units, 5 cottages, and a 3BR/1.5BA Mobile Home---all on 3 acres. Many units have been recently renovated. Two storage sheds also on site, in addition to a large pump house that could accommodate coin-operated laundry for the units. Multiple possibilities: 1) Great investment with $50K+ income, 2) Live in one of the units and have the income from other units pay all expenses, or 3) Use as a family compound. Broker discloses interest.
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.
