This property was previously a Motel. Currently it can only be rented six times per unit per year. However a motel license can be applied for which if granted would extend the number of times to daily.If All of the units were operating as short term rental at $199 per night = $653,715 Total Income. What you calculate as vacancy rates and expenses will be from your own experience. It is a 9 Unit with the garage converted. As a yearly rental you can expect the income to be $1700 (or more) per unit x 9 = $15,300 Per Month or $183,000 Yearly. Plus Laundry Income. Non identifying property video- https://youtu.be/JwLaqairH4YThe property has been partially renovated with demo of units, new A/C duct work, roof, soffit, fascia. The courtyard has underground drainage and grading and ready for pavers. Buyer can continue the renovations or bulldoze and re-develop. It's a corner Lot - 117 ft x 104 ft.

The manager has listed the unit size as 5967 square feet.