{$$}, {$house.listing.address.state$} {$house.listing.address.postal_code$}
Listing Number:
Description: Welcome to Palms on Hill Apartments. This 8 unit apartment complex features one 4 plex and two duplexes on one parcel. All two bedroom one bath units, covered parking, central air, desert landscaping. Units are currently under rented at current gross rent is $6415 monthly. Value add opportunity with opportunity to raise rents. Current rent collection is about 801 a unit about a 4.76% on actual. Market rent 1,150 with remodel and raised rents proforma cap about a 7%. All facts and figures are approximate buyer verify all MLS information. Drive by only tenants are unaware of sale.

Virtual Flyer
PDF Flyer
Click For Audio 🔇