Apartment

This is a 21 unit property with a total of 36 bedrooms and 21 baths. 20 of the 21 units are currently leased. Gross current rents are $16,410 per month or $196,920 per year. Rents presently average only $455 per BR/month with substantial upside on rent rates. Many long term tenants- Those units need to be upgraded upon turnovers and projected rents should average $565 per bedroom or $20,340 per month or $244,080 per year. This listing offers substantial upside in value. As is and no owner financing of any kind. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.