Tenants LOVE this location! Value add opportunity for the savvy investor as the rents have not been increased in years. Making some overdue adjustments to the rental rates, OPEX structure and the proforma demonstrates a potential 4.58% cap opportunity and a total 10.64% return before taxes. Located in Platt Park so the units are always in demand! The owner remodeled one of the units in 2020 leaving room to improve the other units moving forward. That said, the proforma is based on making additional improvements or renovations at this time.