Property Detail

Description

12.9 X GROSS CURRENT INCOME: Presenting the "Mara" apartments, an updated and well maintained 9 Unit apartment complex located in the heart of North Park. The property features 3 (3br-2ba) and 6 (1br-1ba) units with 2 (2) car garages off the alley! Great potential to convert garages to ADU's. Plenty of parking onsite with 11 spaces plus 2 (2) car garages. Renovated units-upgrades include entire kitchens and bathrooms, paint, flooring, ceiling fans, light fixtures and appliances. Exterior paint, landscaping,security gates and siding. This a a true "Turn Key" property with strong CURRENT rents...no need to wait for years to bring your rents close to market. The 3br units have stacked washer/dryers and other units use the onsite laundry room.