Attached is the Offering Memorandum with all Financial Info. Newer 2003 construction Multifamily Apartment building at the entrance to the Yacht Club area. The building features 8 units all 2 beds 2 baths with W&D inside each unit. Each apartment measures about 1,007 sf with plenty of upside available in rents. Three units are currently month to month and available for immediate rental increases. This property is extremely well maintained and provides an excellent opportunity for an investor to preserve their capital in a secure asset and increase their wealth through continuous equity growth. All units have brand new side by side refrigerators with ovens/ranges, dishwashers and microwaves with hoods. All tenants pay their own individual water meters and electric meters. The 2nd floor structure & sub-flooring is all concrete along with the first floor and the roof is in great condition.
|Taxes (Tax Year 2017)||$9,100|