EXCELLENT CURRENT RETURN WITH HUGE UPSIDE POTENTIAL FOR AN INVESTOR!
INVESTMENT HIGHLIGHTS • Comprised of All 2-Bed/2-Bath Units • Constructed in 1987 • Large 1-Acre Lot • 43,560 Sq Ft Lot • Double Automatic Gated Entries • Secured Onsite Open-Space and Carport Parking • $184,000 Per Unit • Current GRM: 11.31 | Current Cap Rate: 4.76% • Proforma GRM: 9.48 | Proforma Cap Rate: 6.41% • Tenants Enjoy:
– Onsite Laundry Facility
– Private Patios/Balconies
– Pool and Pool House
• Property Offers an Onsite Manager’s Office