Invest in this city block boasting diverse income-generating properties, recently renovated to include a 38-room motel, 4 suites, 6 apartments, and 4 houses. The owner's house offers potential conversion into versatile spaces like dormitory-style housing for students or seniors. This complex could potentially yield over $300,000 in cash flow, boasting an impressive 9.34% Cap Rate. Renovations cover essential upgrades like a new metal roof, doors, windows, gutters, as well as ongoing work on flooring, electrical, plumbing, and paint.
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