Great opportunity to purchase a 6 units building at below market price. Owner ready to retire
All units are 2 bdr. 1 bath, leased to long term tenants on a month to month basis, rent rate at below current market prices.
Great upside potential to renovate and increase rate of return (current cap rate: 7.09%; 8.93% after rent increase).
Please do not disturb tenants. Call for an appointment.
Buy it now: $513,000 -
Market value: $776,000
Call Jimmy: 305-814-4939
Income and expenses information available- Copy & Paste this link in your browser: https://docs.google.com/spreadsheets/d/1kTKwdTYmmjLG2VLpW-JppbCUetNwPR_RbD7FBxrsxnA/pub?gid=0&single=true&output=pdf