Description

One year old facility in growing, high-traffic area. Total of 46 units with 93% occupancy. Gross potential income $45,030 (with 95% occupancy). Annual expenses $10,800. Cap rate of 6.5%. Unit count is (20) 5×10 units; (12) 10×10 units; and (14) 10×15 units. Current management software system can be transferred to new owner. All tenants except for one pay with credit or debit card.