Photo 1 of 1
$115,000
Sold on 12/10/10
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$3,419 |
1959 |
On the market:
154 days
|
View full details, 15 photos, school info, and price history
REO fourplex and 2 Single Family Homes. The rental units cover three tax parcels and are currently rented on a master lease to GOLD, LLC. Gold, LLC operates the property as a rehab facility renting to it's clients on a per bed basis. Rent is paid weekly and ranges from $50 to $75 per person with 32 beds/tenants possible within the complex. The property could also be run as a traditional rental with the master lease and rehab tenancy on a month to month basis (new owner can cancel). This property is a good cash flow opportunity whichever way the new ownership decides to operate it!
Listing courtesy of Gregory Thielen, Berkadia Real Estate Advisors