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List Price - $1,840,000

 This asking price includes everything that you need for solid return on investment. 

Sale and Financial Statistics

Cap rate – 7.95%

GRM - $19,250 mo.

NOI - $147,261.98

Current Revenue

 Rent is $550 per unit.  Strong cash flow. 

Great turnkey operation with 99% occupancy year round (for the last 7 years)

Price includes everything that you need to operate and manage this property for maximum return on investment.


Operational upside: The organic rent growth at the property is nearly 4%. The current owner is not focused on increasing rents, rather the focus has been on maintaining a high occupancy (99.1%). This proves that there is additional room for further growth by improving the operations at the property.

Built in 1986 and 1987 - Clean, modern, and easy to maintain

  • Extremely well maintained, modern construction, easy to manage, and profitable.
  • Includes all appliances (stove and refrigerator) and coin operated laundry center.
  • A great opportunity for investing in a growing progressive town with strong and predictable income.

Contact Victor Edelman for showing

Contact Victor Edelman | Cell: 620-366-0339 | Email: realestateve@gmail.com

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