Cash Cow on US #1!15 Sources of Income.9 Studio Apartments, 2/1 Apt, 3/1 home, workshop + storage yard, 2 more storage yards, and billboard.Workshop is approximately 1,200 square feet.1.82 acres with approximately 220 feet on US Highway 1 and frontage on Anthony St.Currently maintains a hotel/motel license.Currently grossing $138,000 with Net of $108,000. (8.6% cap rate)(See Current Income and Expense summary under documents tab)Upside potential to get Net Income up to $131,000 for a 10.5% Cap Rate.Appointment Only. Do Not Disturb Tenants.
| AIR |
Other |
| CONSTRUCTION |
CBS, Metal |
| HEAT |
Other |
| LOT |
1.82 acre(s) |
| LOT DESCRIPTION |
APARTMENT BUILDING |
| STORIES |
1 |
| TAXES |
7234.49 |
| UTILITIES |
Cable,Electric,Septic,Well Water |
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Listing provided by Thomas Rouse, Coldwell Banker Paradise
This IDX solution is (c) Diverse Solutions 2024.
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