AMAZING OPPORTUNITY FOR A FLIP! The city will approve subdividing this parcel and selling the buildings off individually. They will require asphalt and concrete work to be done – Including the continuation of the sidewalk around the property. Quotes for this were between $200,000 and $250,000. The resale value of these divided parcels is easily over $5,600,000, making this a quick flip for over $1,600,000 profit. All residential areas are 100% occupied – The owners do not want to disturb their tenants until we have a purchase agreement. Additional pictures may be provided upon request. Please click the link for the complete Offering Memorandum for a breakdown of income, expenses, and comparables: