8963 NORTON Street 1-10

Fully Remodeled- 10 Townhome style Apartments. Refrigerated air, energy efficient windows, Washer and Dryer hookups on each unit, Tile flooring throughout except stairs ( for safety). Stainless Steel Range and Refrigerator, Ceiling fans in Bedrooms and Living Room. Recently Installed: Modified Torch Down Roof + Acrylic Sealer, James Hardie Board Siding, all water heaters, Bathrooms with Glass Shower Doors,Blinds on all windows, LED light fixtures on all 10 units entry doors, Paved Parking – One space per unit and 5 Visitor spaces . Wrought Iron Fence on front and sides with Chain Link Fence in Back. Common Area Laundry room with 2 washer and 2 dryer hook-ups. All units are rented.Each unit is Individually metered for Electric and Gas. Water is split evenly amongst tenants. See Attachments for Rent rolls and Projected P & L statement as well as Amenities List.
5.9 Cap Rate.