Turnkey investment opportunity: 16 unit apartment complex for sale. New parking lot, landscaping, windows, siding, and hot water heater. All units have been remodeled. All one bedroom apartments (8 on the main level and 8 on the lower level). Solid rental history with 100% currently occupied. Appliances included. Tenants pay electric and Landlord pays water/sewer/gas. Long-term tenants. Great location. Park-like setting. Walking distance to downtown. On-site laundry which provides additional income. 10% cap rate. Excellent investment opportunity!
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
