NOT A TYPO you read it right, 19% cap rate! Originally built as a hotel and has been for years used as weekly/ monthly rentals. The prop has a very large lot and plenty of space to expand. This property would do well in becoming a hostel or communal living space and/or perfect for Nonprofits who house people. Centrally located!! DO NOT GO ON SITE WITHOUT AGENT AND DO NOT DISTURB TENANTS.Browse link below for additional infohttp://marketedge.reiwise.com/default.aspx?propID=55890
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