Everyone could agree that this is a rock-solid area for real estate investment and that this is a nice property.
The rub is that there is an HOA in this complex that covers all utilities and exterior maintenance to the tune of $655 a month! For that reason, we thought this is a better flip that a rental even though with a little work this could kick out $1200 in monthly rental income.
This property has been well maintained, but it is dated. Carpet and paint are just worn out and in need of a freshen up, and some new kitchen appliances would really help as well. Please take a look at the pictures so that you can see this is not a major project and reconditioning costs should be light.
This is vacant and it does have a lockbox on it to view at your discretion.