This 7 building, 62-unit apartment complex features:
-Large maintenance and storage shed
-In ground pool
-Playground area
-Common laundry area
-100% Occupied with a waiting list
Tenants with 2-3 year lease agreements
-Private sewer system
-All electric
Income $443,160
Expenses
Real Estate Taxes $ 24,100
Insurance $ 13,400
Maintenance and Repairs $ 43,000
Management $ 30,000
Water $ 7,440
Trash $ 3,600
Electric $ 13,000
Sewer $ 5,100
Total $139,640
Net $303,520
Tenants with 2-3 year lease agreements
-Private sewer system
-All electric
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