Great opportunity for investment income for the future. These units are like new. I keep them up to date with new roofs (3 yrs ago) new Front Doors & frames (4 Yrs) and new decks on the back, last year.The appliance are all up dated and in great condition.I have owned them since 2004 and they were built in 1996.
Expenses are taxes 3900
occasional appliance or a/c repairs2500
Less expenses 70800-10800 = net $60000 N.O. I. Per Year
These are true figures verifiable by Leases & Tax statements
These are 9 Townhome apts, consisting of 3 building with 3 units in each building . The are 2 story, each unit is 840sf with central H/A 2BR, 1 1/2 BA with newer appliances(ref,range, space saver microwaves, dishwashers) and 2 units have been upscaled with new everything ,custom cabinets, wood floors & builtin tile shower.
Questions, Jim Haney
do NOT contact me with unsolicited services or offers