Purchase was made in May 2015 for $935,000. GRM was 9.59, with gross rental income totaling approximately $98,000 annually. Four of the eight tenants use Section 8 vouchers for rental payment.
Includes Section 8 Tenants
Since purchase, buyers have invested in some significant upgrades including: new landscaping, new electric gate, new parking area asphalt, and upgrades to three of the units.