Description
Reduced significantly. MUST SELL NOW. Sellers are ready to move-on asap. This will only be available for very little time so don't wait or you will miss out. Rare opportunity to own a riverfront 6-plex with 32 RV spaces. This property has tremendous upside, the occupancy is low so a ton of value can be added just by raising the occupancy. Without raising any rents, the proforma cap rate is 16.14%. 18 spaces can be used long-term, and 14 spaces can be used short-term. The exterior of the 6-plex is newly painted, has new signage around the property, tree work, and other miscellaneous upgrades. Don't miss out on this excellent opportunity to own a riverfront multifamily property.
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0BEDS
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1.63ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Reduced significantly. MUST SELL NOW. Sellers are ready to move-on asap. This will only be available for very little time so don't wait or you will miss out. Rare opportunity to own a riverfront 6-plex with 32 RV spaces. This property has tremendous upside, the occupancy is low so a ton of value can be added just by raising the occupancy. Without raising any rents, the proforma cap rate is 16.14%. 18 spaces can be used long-term, and 14 spaces can be used short-term. The exterior of the 6-plex is newly painted, has new signage around the property, tree work, and other miscellaneous upgrades. Don't miss out on this excellent opportunity to own a riverfront multifamily property.
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