Thinking about buying an apartment complex, does it add up

[Eliz Barr]

I found an apartment complex (2 buildings) for sale, $265,000 each

According to the information given in the listing, right now it has 44 units, 34 of those units being occupied.

Most of the vacant units are ready to rent with others only need cleaning and paint, each building brings in around $10,400 a month full occupancy with the tottal gross income per year being $250,000 and the net icome per year being $140,000

To me this sounds like a good investment unless there's something i'm forgetting to factor in
Any advice?