Looking for a place to move east? this is your chance, small complex 24 units. Close to major hwys, stores, shops. Unit is current rented month to month, there is a 2 year rental restriction, you can keep the tenant and after 2 years, remodel to move in or have a new tenant.
Current tenant has lived there for over 25 year, unit need a complete remolding, original appliances, carpets bath and kitchen, rental is bellow market. There are no reserves in place and no wind storm insurance. No special assessment in place as of today. Study for reserves need to be done.