Former licensed assisted living facility that needs converted to 8-10 apartments. Fully renovated, new roof, new HVAC, new bathrooms, new floors, new impact windows and doors, new fencing, new lighting and much more. Easy conversion back to multifamily but just adding a few kitchens. Adjacent lot to the South is included. When fully leased up this property should yield an investor $129,472 in net income providing an investor a 13% capitalization rate on a pro-forma basis.
|LOT||10001 sq ft|
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Listed with RE/MAX 5 Star Realty
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