Great Cash Flowing 4 unit in Western Michigan

[Craig Potter]

Great cash flowing 4 unit just south of downtown Kalamazoo. All units are

currently occupied and have the potential for raising the rents. Ideal location

near commerce and residential area. Currently being rented with all utilities

included, possible value play by splitting utilities for each unit separately,

which could raise cash flow $108 per month. Great value with price per unit at

$21 K, purchase cap rate of 13.75 and cash on cash return of 13.67% (Cash

Sale), this one is a no-brainer. With an ARV of $143 K+ based on the market

cap and NOI this one won't stay on the market long, so Hurry!