Multi Family C property

[Chrissy Severance]

36 units with 80% occupancy.  Currently in the process of leasing the last two. 

Total Income: 241,178.83  Expense Total: 162,999.01   Net Income : 78,179.82   Looking to list at 1.7 or 1.8.   

Looking at the brief numbers, what would you think?  

[Chrissy Severance]

Thanks so much for  the feed back.  Management has not been local and going through a lot of change.  We are looking to polish it up a little and sell.  Local management will make a big impact.  This price range is much needed,