Uptown Durango, facing W 2nd Ave! Long time tenants plus multiple smaller units and large garage attached to with apt above. Summary: 12 units plus a 4 car sized garage with a 2 car door and electricity, not currently rented. Gross rents are $13,245 includes: 6-Studios (1/2 fridge and mw oven) $895/mo 1-1BR/1BA (full kitchen) $1,195/mo 5-2BR/1BA (full kitchens) $1,295/mo Expenses are: W/S/T, Elect, Gas, Cable, Taxes & Insurance: $2,560/month Net is $10,685 or 6.28% cap rate. Two of the 12 units are recently turned over and vacant so numbers above are based on 100% occupancy. All rooms have new carpet, paint and windows, some appliances except 2 long term tenants have not been remodeled. Trash and cable are shared with adjacent property owner at this time.