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WOW! 17% CAP rate before leverage ... 54 UNIT COMPLEX! 30 Units currently under lease invoicing $2,300 a month now. At full capacity the market rent for this c omplex is $67,000 annually. 70% of leases are currently on credit card auto draft. Units have been recently painted, roofs recently sealed, and non- paying tenant s removed. I started marketing thi s property for tenents a month ago and received 4 new leases. Must sell now to move onto ano·ther project. This turn key business comes with existing website, facebook page, marketed name, all leases/documents, and will port cell phone to buyer. Start making money right away.

Stellar MLS, MLS#: O5843301
Listed By: HOMEVEST REALTY
Sold By: STELLAR NON-MEMBER OFFICE, Stellar Non-Member Agent

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Construction Materials

  • Block

Cooling

  • None

Foundation Details

  • Slab

Road Frontage Type

  • City Street

Roof

  • Metal
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Listed By:
HOMEVEST REALTY

Sold By:
STELLAR NON-MEMBER OFFICE
Stellar Non-Member Agent

Data Source: Stellar MLS

MLS#: O5843301

Data Source Copyright: © 2026 Stellar MLS All rights reserved.

Provided by Stellar MLS. All Rights Reserved. Disclaimer & Terms of Use

This property was listed on 2/11/2020 and last updated as of 4/30/2021 11:53:52 AM. OSI IDX updated the data from Stellar MLS on 11/6/2026 at 7:48 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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