Two possible deals - which is better?

[Dave Versch]

Hi Everyone,

I'm looking at 2 possible deals, and I'm only going to be able to swing one of them at this time. Planning buy and hold. Question is, which one sounds better:

Deal 1:
Bank-owned, 8 units, asking 250K, offered 175K and accepted.
Gross rent = 49K (currently 100% occupied)
Stated expenses = 19K

Deal 2:
4 units, asking 122.5K, offered 112K and accepted,
Gross rent = 27.5K (currently 100% occupied)
Stated expenses = 9.2K