708 & 712 E Sugar Cane Dr are adjacent and identical properties, each consisting of two, three-unit apartment buildings that currently rent for $425/month/unit. All twelve units are two bedrooms, one and a half bathrooms, and feature spacious floor plans and central HVAC. The property is entirely fenced and offers a large, generously-shaded, grassy lawn for tenant enjoyment. With some minor improvements and renovation, rents could easily be grown 5% annually for the next three years. Currently being offered at a 9.5% cap rate.
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