Details
(16) one bed (20) two bed total of (36) units. Rents approximately $150 below Market. Average unit is lease currently at $593. Roofs all replaced in July 2022. Tenants pay their own utilities (gas and electric). Parking lot resealed July 2022. On Well and Septic.Rents averaging $593 compared to market rate of $920 for a 2 bedroom in Shelbyville. Upside Potential for new owner. If 112 East Locust Street can pull $920 average on a 2 bedroom. Possibility at this location is a no brainer.