Description
10% CAP @ asking, $47,100 Gross Income, $37,236 Net (projected). 214 - 216 W Ridge features 4 residential units with one bedroom each. Some units are being renovated with new flooring, appliances, and updates. There is a couple of value adds here--rents are ok but can go up. Th top floor can be added to one of the second-floor apartments to have a 4-bedroom apartment. This property has stunning curb appeal, and gorgeous mountain views, and is located next to a BRAND-NEW St. Luke's Hospital Facility as well as many other main street businesses. Updated & pristine roof (Please look at the aerial image of the roof). Seller has other properties they are selling as well.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
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2,500SQFT
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$150$/SQFT
School Information
Description
10% CAP @ asking, $47,100 Gross Income, $37,236 Net (projected). 214 - 216 W Ridge features 4 residential units with one bedroom each. Some units are being renovated with new flooring, appliances, and updates. There is a couple of value adds here--rents are ok but can go up. Th top floor can be added to one of the second-floor apartments to have a 4-bedroom apartment. This property has stunning curb appeal, and gorgeous mountain views, and is located next to a BRAND-NEW St. Luke's Hospital Facility as well as many other main street businesses. Updated & pristine roof (Please look at the aerial image of the roof). Seller has other properties they are selling as well.
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