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Cash flowing asset that brings in a solid cap rate and is in a great location! Complex has had extensive remodeling done within the last year and it has been easy to find tenants. Unique unit mix with a 3 bedroom, 2 bedroom and 1 bedroom. Three bedroom and two bedroom have been rented to long term tenants while the 1 bedroom is renting through air BNB as a furnished unit. This location has a lot going for it including the Perry light rail station, playground, trails, basketball court and even a frisbee golf course right in it's backyard!
Development is happening across the street as this makes for a great asset now and into the future.
Would make for a great house hack where the buyer could live in the 1 bedroom!
Unit 1 is outfitted with a mini split providing heating and cooling while saving you energy costs. The other units share a furnace and utilize one thermostat.
We currently own the property neighboring to the North of this one if someone was interested in purchasing both.
Nearby Schools
EagletonElementary School
Strive LakeMiddle School
NorthHigh School
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Listing Source: IRES - Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Updated: 8th June, 2023 1:11 AM (UTC)
Listing Agent: Nick Donato
Listing Office: 3GEN Real Estate
Attribution contact: donatopropertymgmt@gmail.com