Description
Great investor opportunity! Passive income with steady long term tenant! Gross Income: $31,200 Expenses: $3,883.46 Net Operating Income: $27,316.54 5% cap rate Tenant has occupied the property since May of 2018, and Tenant has made on time payments EVERY MONTH! Seller can provide proof via bank statements. Tenant pays maintenance on the property. Tenant currently pays $2,600/mo and their lease expires May 31, 2026. If investor wanted a longer lease term, tenant wants to stay longer.
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5BEDS
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0.22ACRES
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3BATHS
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01/2 BATHS
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1,866SQFT
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$293$/SQFT
School Information
Offered by Malman Commercial Real Estate Llc.Description
Great investor opportunity! Passive income with steady long term tenant! Gross Income: $31,200 Expenses: $3,883.46 Net Operating Income: $27,316.54 5% cap rate Tenant has occupied the property since May of 2018, and Tenant has made on time payments EVERY MONTH! Seller can provide proof via bank statements. Tenant pays maintenance on the property. Tenant currently pays $2,600/mo and their lease expires May 31, 2026. If investor wanted a longer lease term, tenant wants to stay longer.
Licensed in the State of Colorado, USA
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