Opportunity Zoned Asset, 5.92% in place Cap Rate. Proven Market rents 6.9% Cap, 10% cash on cash. Property appraised 2018 in excess of Asking price. Extensive improvements by owner require little if any CapX improvements. All units have either been remodeled or refurbished.Driveway completely redone for approx $70k.
|Contingent (from Active)||–||–|
© 2019 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of October 22nd, 2019 at 10:40pm CDT.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.