CASH FLOW COW INVESTOR SPECIAL! Block of 5 tenant occupied condos for sale, 1 1br and 4 2br currently rented at $1,799. Condo fee of $120 per unit per month covers insurance and maintenance. Annual Net income is $10,347 with a CAP rate of 13.80% after 10% management fee & taxes are paid. There is no on-site management. Current owner is using a 3rd party management company. Tenant pays own electric & water bills. Community Pool.
Date | Status | Price |
---|---|---|
Jul 2016 MLS#: 5448626 | Closed | $ 20,000 |
Oct 2011 MLS#: 4564504 | Closed | $ 15,000 |
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Real Broker, LLC
Cheryl Benjamin
17505 N 79th Ave Suite 214
Glendale, AZ 85308