Description
This well-performing income property offers a strong cap rate profile and consistent operating income. Strategically located near schools, shopping, and daily amenities, the property benefits from high rental demand and stable occupancy. Fully remodeled in 2017, the property features a rear metal building with three studio units. The main structure operates under a shared-housing model similar to PadSplit, where tenants lease individual rooms and share common living areas, kitchen, and laundry—an approach designed to optimize rental income and operational efficiency. The property is always 75%+ occupied, professionally maintained, and turn-key ready, with an established track record of steady cash flow operations. A solid opportunity for investors seeking income stability and scalable performance. Contact the listing agent for detailed rent roll and operating information.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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4,424SQFT
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$154$/SQFT
School Information
Description
This well-performing income property offers a strong cap rate profile and consistent operating income. Strategically located near schools, shopping, and daily amenities, the property benefits from high rental demand and stable occupancy. Fully remodeled in 2017, the property features a rear metal building with three studio units. The main structure operates under a shared-housing model similar to PadSplit, where tenants lease individual rooms and share common living areas, kitchen, and laundry—an approach designed to optimize rental income and operational efficiency. The property is always 75%+ occupied, professionally maintained, and turn-key ready, with an established track record of steady cash flow operations. A solid opportunity for investors seeking income stability and scalable performance. Contact the listing agent for detailed rent roll and operating information.