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Incredible opportunity to purchase a package of 18, income-producing condos. All condos are located within the same 56 unit complex. In 2022, the entire complex had all new roofs installed, new parking lot and new complete high efficiency HVAC systems installed in all units. The portfolio provides minimal expenses and tremendous upside to raise rents. In-place Cap Rate - 8.43%, with an opportunity to raise rents to achieve a 9.11% Cap.
a week ago | Listing updated with changes from the MLS® | |
a week ago | Status changed to Active | |
a month ago | Status changed to Pending | |
2 months ago | Price changed to $1,850,000 | |
3 months ago | Listing first seen online |
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