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Updated about 10 years ago on . Most recent reply

User Stats

11
Posts
6
Votes
Jay Yiu
  • Fort Smith, AR
6
Votes |
11
Posts

Newbie

Jay Yiu
  • Fort Smith, AR
Posted
I just found the property on lootnet. Can somebody tell is it good a bad deal? Im new Two buildings with 8 units per building with parking space between. Monthly gross income =about $5,550 per month. Three 2 bedroom units rent for $375 each X 3 =$1,125 and 13 one bedroom units rent for $325 X 13 =$4,225. Plus laundry room brings in about $200 per month with two coin-op washers and two coin-op dryers that go with sale. Built in 1977 Total 16 unit Sell price: 330,000

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