204 3rd Street SW Rake, IA 50465

Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updat...es. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing! Continue reading