Description
Exceptional Investment Opportunity: 1-bedroom, 1-bathroom unit that is fully self-contained featuring its own HVAC, hot water heater and is separately meters for electric. It is currently rented out to a Section 8 Voucher tenant who is paying $1,900/month gross rent which offers reliable rental income and long-term growth. It can be purchased as a package deal along with 3 other units in the same building (B02, 304 & 409)-all fully leased to Voucher tenants. With 100% occupancy and individual metering, this is an ideal cash-flow investment. Located in a rapidly developing neighborhood with ongoing construction, your investment is positions for future appreciation. We are projecting between an 8%-9% cap rate.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
Exceptional Investment Opportunity: 1-bedroom, 1-bathroom unit that is fully self-contained featuring its own HVAC, hot water heater and is separately meters for electric. It is currently rented out to a Section 8 Voucher tenant who is paying $1,900/month gross rent which offers reliable rental income and long-term growth. It can be purchased as a package deal along with 3 other units in the same building (B02, 304 & 409)-all fully leased to Voucher tenants. With 100% occupancy and individual metering, this is an ideal cash-flow investment. Located in a rapidly developing neighborhood with ongoing construction, your investment is positions for future appreciation. We are projecting between an 8%-9% cap rate.
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