Great location neat Davis Hwy and Olive Rd.. Almost new...built 2007. Currently leased at $895, $880, & 940. Each unit has 2 Bedrooms and 2 1/2 baths. (Each BR has a full bath and a half-bath downstairs). Extremely nice property. 2 parking spaces per unit. Each unit has a washer/dryer connection. Each unit has it's own septic tank. There is a fire sprinkler system in place for each unit. I believe rents could be pushed to $950 per month. Very convenient to I-10, shopping, restaurants, churches. All of which employ people who would like to live close to work. Annual income $31,440 (2017) / NOI $16,234 (after 5% vacancy factor, $3,204 management fee) Something to consider....possible to convert to condo/townhouses and sell individually.
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