129 SE 5th St

This is a great property in an A rated location. New Roofs! This property consists of two buildings and currently 14 units. There are 10 studios and 2-2/2's and 2-1/1's. It consists of one building that has 10 studios and was once ran as an assisted living facility prior to 2019. It has the sprinklers, and appropriate exits but no being ran as an ALF. It has month to month tenants. Building 2 has 4 units (2-2/1s and 2-1/1s) and tenants are month to month. The city will allow up to 10 Assisted living units and 2 residents per unit for a total of residents. You can get approximatly 5k per unit running an assisted living facility. The county will allow but you just need the license. Each building is about 3200 sq ft. so you can change unit mix to fit your needs! Don't miss the beautiful property! Its right across from YMCA park!