UPDATED FINANCIALS - ALL UNITS RENOVATED - PROFORMA RENTS ACHIEVED
Beautiful brick 6-plex in a prime location between Congress Park and City Park, will be 100% occupied at a 6.5% cap rate with upside. This unique floor plan has 3 large townhouse style units (two 3 bedroom units, one 4 bedroom unit) and an additional three 1 bedroom units. The property has a proven value add strategy of converting 3 bedroom units to 4 bedroom units. Other recent improvements are: 3 new furnaces in 2022 and new paint on exterior trim, fascia, window trim, soffit, entry stone. Clean building, great location and simple ways to increase revenue with RUBS and parking. Buyers to submit POF for down payment prior to scheduling showings to limit intrusion on our tenants.