5.5% CAP Rate, 5% cash flow per year. The property was extensively renovated, the goal was to take a class C property and turn it into a class B+ property by providing a Contemporary design that tenants want and load the unit with amenities like dishwashers, microwave ovens, and AC only available in Class A newer properties. Property Amenities include: * Brand new stainless steel appliances; Dishwasher, microwave oven, electric range, refrigerator. * New contemporary designed cabinets with Quartz countertops. * Air conditioning. * private fenced rear yards. * Large bright windows. * Lots of closet space. * Courtyard with pergola.
Listing courtesy of Brad Huggett from Fireside Realty
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