14 units on over 1 acre of land with over 12% projected cap rate. See attached Rent Roll, current as of September 18, 2018. Potential for over $11,500 in gross rents, and still has room for expansion. There is no more life estate on this property, so all 14 units will be rented by November 1, 2018. 1 acre lot adjacent to property, pictured above, is not included in asking price, but can be purchased separately.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc.
Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.
Listing information last updated on November 12th, 2019 at 3:37pm PST.