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Updated about 2 years ago, 11/14/2022
How much is it worth….?
12 unit apartment complex that will gross $9,000 month in rent, after expenses nets about $7,000 per month. Fully renovated, Low property tax area, low insurance area. No mortgage on it. High rental demand due to little availability in area and high demand for cheap housing. What do you guys think it’s worth on resale - selling price?
Thanks