Great investment opportunity that won't last long. This 9-plex is located in Valley Spring on the edge of town on a large lot with a lot of potential with the extra space. 8% cap rate with rents that haven't been raised in years. Property is very well taken care of and has had many updates to the property, including many new egress windows, drain tile, deck, water heaters, new exterior and interior paint, and many other updates that you will just have to come check out. Vacancy rates are very low in the city of Valley Springs.
Courtesy of Wes Vis, Ameri/Star Real Estate, Inc.
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