Over 10% cap rate!!! The 8 units consist of 7 res. apts and a com. office rental w/great occupancy, all on 2.7 acres fronting on Hwy 206. Includes coin op. laundry and an RV space rental. It has great parking and the huge lot might easily handle approx. an acre of storage units for upside potential. The net income (residential management costs figured in) comes to a cap. rate. of 10.05%!!
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.
