Description
An exceptional investment opportunity located in the heart of Robinsonville, just minutes from the casino district. This 20-unit apartment complex, built in 1994, has been maintained and renovated over the last 2 years, offering modern comforts while retaining a solid structure.Key Highlights:Prime Location: Situated near popular casinos, providing a steady influx of tenants.Consistent Occupancy: Enjoy a high average occupancy.Onsite Live-In Technician: A dedicated technician ensures prompt maintenance, yard maintenance, and smooth operations.Financial Performance: A 9.5% cap rate with a gross income after expenses.Renovated and Updated: Ongoing updates ensure minimal maintenance issues and increased tenant satisfaction.This property is ideal for investors seeking a reliable income stream. Don't miss out on this opportunity to own a cash-flowing asset in the Robinsonville casino corridor.
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20BEDS
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2.2ACRES
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21BATHS
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01/2 BATHS
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13,080SQFT
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$69$/SQFT
School Information
Description
An exceptional investment opportunity located in the heart of Robinsonville, just minutes from the casino district. This 20-unit apartment complex, built in 1994, has been maintained and renovated over the last 2 years, offering modern comforts while retaining a solid structure.Key Highlights:Prime Location: Situated near popular casinos, providing a steady influx of tenants.Consistent Occupancy: Enjoy a high average occupancy.Onsite Live-In Technician: A dedicated technician ensures prompt maintenance, yard maintenance, and smooth operations.Financial Performance: A 9.5% cap rate with a gross income after expenses.Renovated and Updated: Ongoing updates ensure minimal maintenance issues and increased tenant satisfaction.This property is ideal for investors seeking a reliable income stream. Don't miss out on this opportunity to own a cash-flowing asset in the Robinsonville casino corridor.