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Updated over 8 years ago,
27% Cap Rate 19 unit $285,000 AUBURN GRESHAM
CC: Pursuant to Short Sale. EXCELLENT OPPORTUNITY FOR NEW OWNERSHIP TO COME IN UPGRADE UNITS AND HAVETO A CASH COW! CURRENT MONTHLY INCOME IS $7,345 WITH 5 VACANCIES. INCOME IS BASED ON PRO FORMA NUMBERS WITH $11,000 PER MONTH INCOME. WITH 20% VACANCY/COLLECTIONS WILL STILL NET INVESTOR $69,000 PER YEAR. THIS IS THE BEST DEAL IN SHORT SALE PRICE ALREADY APPROVED BY BANK.
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