Description

9-unit property located in Mt. Washington, offered at an 8.5% cap rate. The unit mix consists of eight one-bedroom apartments and one studio, with 1 current vacancy. At 100% occupancy, gross rents total $8,914/month, with RUBS implemented and charged back to tenants. Each unit features PTAC systems with electric paid directly by tenants, keeping owner expenses lean. The property is built on slab, has gated access, and 9 on-site parking spaces.