For Sale None Given - Apartment Building
Apartment complex containing 12 units. This C class property is located in a growing population of a C neighborhood surrounded by single family, duplex, and fourplex properties. Apartment is currently 100% leased. The building has little to minor deferred maintenance making this turnkey project poised for immediate cash for distribution. This building is attractive and simple one form construction. Rents are significantly under market with the potential to increase rents immediately by a minimum of 5% and as much as 15%.
Just adding management, raise rents, and bill back utilities can increase the value cash flow immediately. The resulting re-positing will create an asset that provides both cash flow and positive equity growth.
Message me for additional pictures and details.
Mr. Griffin at Homeinvestor.email@example.com or 314-757-0045
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