Updated over 6 years ago on . Most recent reply
Great Cash Flowing 4 unit in Western Michigan
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!
Offering
Most Popular Reply
still have it? Terms? address?



