Great investment! 24 unit brick apartment complex for sale! This property has all private entrance units, no common areas! This complex offers 1) 2 bedroom 1 bath unit / 23) 1 bedroom 1 bath units! This complex has a laundry room for tenants use! Newer roof. Â Â Electric base board heat! NO boiler. Â Â Units have been updated and are In great condition. Â Â Large parking lot fenced in. Â Â Prime location. Â Â High $900-$1100 a month rents. Â Â Bringing in a 13% cap rate with great cash flow! Whether you are looking to expand your portfolio or make your first investment, this property offers long-term potential with minimal immediate maintenance!
Property Features
Heating Information
Forced Air
Natural Gas
Separate Meters
Cooling Information
None
Water Features
Public
Listing Courtesy: Keller Williams Paint Creek - 248-609-8000