Description
Near 5 Points area & less than 5 minutes from downtown, restaurants, shopping & entertaiment this Five unit Complex consist of Two-2 bedroom 1 bath units & Three-1 bed 1 bath units with a new architechtural roof, fresh exterior paint, & many other updates. Buildings 905 & 907 Stevens must be sold together! 100% occupancy w/ 1 mtm lease at $700 Current cap rate 8.85% One year Pro forma cap rate is 11.8%
School Information
Description
Near 5 Points area & less than 5 minutes from downtown, restaurants, shopping & entertaiment this Five unit Complex consist of Two-2 bedroom 1 bath units & Three-1 bed 1 bath units with a new architechtural roof, fresh exterior paint, & many other updates. Buildings 905 & 907 Stevens must be sold together! 100% occupancy w/ 1 mtm lease at $700 Current cap rate 8.85% One year Pro forma cap rate is 11.8%
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Listing provided courtesy of Holloway & Associates.