Description
Welcome to Lake Avenue Apartments. A rare 6 plex offering with 4 studio units and two 1 bedroom units. Awesome rental history and at full capacity. Property is currently managed, making it ideal for the passive investor. The rental market is HOT with no change in sight. If you are looking for diversification into a tangible with positive cash flow then look no further. Sits on a corner lot just a stone’s throw from the Park Rapids schools and walking distance to everything else downtown has to offer. Financials, appraisal (2023) and inspection (2023) are available with a signed NDA.
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By conducting a property search on this site, user agrees to EULA found on: http://www.northstarmls.com/wp-content/uploads/2015/08/EULA.pdf Updated: 5th December, 2023 2:12 PM (UTC)
By conducting a property search on this site, user agrees to EULA found on: http://www.northstarmls.com/wp-content/uploads/2015/08/EULA.pdf Updated: 5th December, 2023 2:12 PM (UTC)
Listing Office: Affinity Real Estate Inc.
