Buy
Turnkey investment opportunity
This well-maintained property generates $82,800 annually in rental income, with an impressive net operating income (NOI) of $64,800. At the current asking price of $1,174,000, it offers a competitive cap rate of 5.52%, making it a great option for both experienced investors and first-time investors looking for steady cash flow.
Key benefits for the investor
1. Stable cash flow
2. Attractive cap rate
3. Turnkey opportunity
4. Potential for improvement
5. Desirable location:
The property is located in a high demand or growing area, with local economic trends, low vacancy rates and proximity to amenities (e.g. schools, public transportation, businesses).