Property Description

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.

Features
: Wall Furnace
: Sloped Down
MLS Addon
INFINITY INVESTMENTS

Residential Income For Sale

0.16 Acre
$1,100,000
Listing ID #40845547
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 40845547
Price : $1,100,000
Rooms : 0
Year Built : 1964
Lot Area : 0.16 Acre
Status : Active
Property SubType : Apartment
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