10 units apartment building for sale

TEN unit building already has an established management relationship (but the new owner can choose to continue with my company or another.) I live here in California and have successfully been the "out-of-town landlord" for this property for many years. Each apartment is 2 bd 1 bath and the rents are 400-425 per month. The cash flow in the place is awesome. I have made good profits but am selling now because I have gone over the loss limits that the government allows per year. This would make a good 1031 exchange also. Please email me for the rent rolls and expenses before you ask for the phone number. The financial information answers 95% of bidder questions.

I have all of the rent rolls and you can view them (100% of my books.) Vacancies are pretty low. Never many at a time.

Note: You will need a commercial loan since this building is more than 4 units. This means 15-20% down in most cases.

Asking  $295,000

For property information contact:  christreecoop@hotmail.com