RENTAL INCOME INCREASE! 90% occupied 10 unit apartment complex. Units #1, 2 and #5 were just approved (10.5.23) for rental increase to $1,149 per month starting on November 1, 2023. Value add opportunities via achieving fair market rents and some minor cosmetic improvements. Property management willing to stay on, terms negotiable with new ownership. Water is paid by owner, most tenants pay electricity with owner only paying 2 units. Mixture of cash and subsidy tenants. Please reach out to listing agents for offering memorandum, which contains all expenses, rent roll, and financing. Do NOT disturb tenants, please contact listing agents for showings.

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