24 Units
12 Occupied bringing in $13,000 per month
Other 12 need renovations to bring up to rental grade. Every unit is 2 bed 1 full bathroom with separate electric meters and one water meter. Section 8 pays approximately $1300 per month giving this property the potential to make $31,200 per month in rental income and this property also has 24 storage units that can be rented separately for another $5000 per month giving you a total of $36,200 in gross income per month.
Occupied units: 10 are updates, 2 are dated but livable.
All new roofs, all new Hardie board siding and windows. Siding need caulk and paint. Parking is in the rear of the property.
Owner financing part of the deal. Please call for more information on financing.
504-475-4633