8 Unit Apt Complex Great Deal, but in a flood plane...

[Benji Roberts]

I have been looking for a while for a smaller multi-family place, which are not extremely common on the market near me. I found a great deal on an 8 plex, the agent sent rent roll and some financials and it looks great on paper. They pay $4400 per year insurance for property listed at $225k. Does it sound like that already includes flood insurance? Or will I be required to pay extra for ins? The first floor is a full partly finished basement that he says he just got professionally waterproofed with warranty. How worried should I be about being in flood plane? What else should I learn before making any decision? Thanks