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2308
Cumberland Bay
Cumberland Towers
$570,000 Asking Price

8 unit
apartment building, all units are 2 BR, 2 BA. LIKE NEW 8 UNIT APARTMENT BUILDING
IN DESIRABLE CUMBERLAND TOWERS. 1 vacancy at present. Only 4 years old!
Low maintenance vinyl siding exterior! EXCELLENT CONDITION, with very low
maintenance costs.
Excellent Management on site.
12% management fee (covers property on-site management and grounds upkeep)
Insurance runs roughly $2868 per year or $239 per month
Current rented units monthly rent totals $4375.00
The vacant unit will rent for $625/month
Rent Rolls/expense sheet available. Serious inquiries only please
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