Excellent investment potential with this fully-rented, well-maintained 10-plex in Columbia! Generating ~$15k/mo in rents, this single-level complex boasts an NOI over $154k, offering a self-managed ~6% cap rate w/ room for more. Ideally located near downtown, shopping, Cornwall Park, and I-5, you’ll have no trouble keeping it full. Six units have 2 beds + 1 bath while the other four have 1 + 1. Seven of the units have been updated to during current ownership, including: appliances, interior paint, flooring + cabinets, lighting, vinyl windows, fenced dog area, landscaping, and repainted parking. Coin-op laundry adds another $100+ in monthly income. Phenomenal 1031 / cash-stash opportunity as well!
