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You won't find a better performing property anywhere in this area or price range! At $700 monthly per apartment the property produces Gross Annual Rents of $33,600. Cap rate is 10% and GRM is 6.70. All units are two bedroom one bath apartments recently renovated that includes new paint, trim, and bathrooms throughout. Units C and D have new kitchen cabinets replaced late 2017. All light fixtures and fans in bedrooms replaced late 2017. Parking is lit by efficient LED lighting. New electrical panel 2017. New roof replaced 2016 with warranty! All four units are separately metered and tenants pay for gas and electricity. Please do not walk the property or disturb the tenants.
Dryer, Free-Standing Gas Range, Washer
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Listing information last updated on March 10th, 2020 at 4:31pm MDT.