60 1bed 1bath apartment deal in Dalton,Ga CHEAP

[Joel Owens]

I am the listing broker of this 60 unit apartment complex.

Just received back updated appraisal from bank and environmental.

Units rent for 400 a month,operating expenses total about 55%.

Occupancy 50%.

This is a short sale.I need a cash offer but bank will sell cheap compared to mortgage balance.

Let me know.