Monday, June 9, 2014

27 Unit Apartment Complex. TRUE 17 Cap with Management in place!

After Repaired Value:
$15,000 / month rent

15675 SqFt 
Bedrooms: 33
Baths: 27
Garage: 0
Year Built 1962


Off Market apartment complex is Wichita Falls, Tx. Currently this complex has 24 units occupied and 3 vacant. It currently has a 17% cap rate with plenty of room to raise rents and get an above 20% rate.See the spread sheet inside and all docs for the past 2 years can validated and sent to you.It does need a little work which is allocated for.15k down. Heb homes. Closes 6/30.Rents are 14500/month.

For More Details, Call ME immediately.  Property is priced to sell!

J.D. Castillo

214-650-5493 Cell

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