Chase Robinson

$116,333 Annual NOI. 6.75% cap rate. This is a turn key investment close to campus that is fully leased through July 2026. Most of the units are renovated. There is on-site staff and maintenance who has been there for 10 years and can help do basic repairs around the property. He pays $825/month. Every other unit is leased at $1,200/month. Annual revenue is $168,300. Taxes: $17,266Insurance

1% rule. Lease can continue at $1,750 through July, 2026 or new owner can occupy. Turn key investment. On bus route 31 "Elephant Walk."Seller is a licensed real estate agent.