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.