$1,300,000

Development opportunity, 151 units with a 3 bedroom 1 bath house, and separate private office area for record keeping and computer storage. Total investment will be around $2,000,000 (that includes both property and build out of about $700,000) All plans and engineering have been done and wrapping up the submittal process with the City. Total Gross income is calculated at $17,140 a month including the units and the SFR. This is designed to be self serve with a kiosk so no employees will be required on a daily basis.