Mibor BLC/MLS #2865310

LoopNet ID#16000355

This 3,750 sq. ft. property is located near the desirable Fountain Square area and is one of the few apartment complexes in that area. The owner has had great success at keeping the property 100% occupied. Twelve two-bedroom, one-bath units in three brick exterior buildings include on-site parking. Taxes should be going down to reflect a new structure that will bring the complex up to an even higher than current 9% cap rate.

 
 
©2009 Fischer & Associates, Inc.