The property features 10 Units that are all in good rent-ready condition. All roof were replaced in 2014-2015. The property is only rented to mature adults and with no children or pets allowed. The property recently had the septics tanks serviced. The property is routinely, preventatively treated for termites and pests. The landscaping is done once every two weeks. The property does not need any repairs or rehab. All tenants are on a 12 month lease.
Eight 1 Bedroom 1 Bathroom Units 525sqft each
First Floor unit 525sqft
Top Floor unit 525sqft
Total Monthly income: $4,450 8 Units Occupied. $5,550 when fully occupied.
One storage unit & Laundry Room attached to bottom floor of the Yellow building
Utilities: City water and 3 Septic tanks.
Monthly Maintenance cost: $350-400 average Tenants pay: Electricity
Dumpster: $128mo Landscaping: $100mo Water: $150mo
Parking: Onsite Waste: Dumpster Onsite
Ext Const: Yellow building Block, Stucco Grey Building: Wood, Stucco