Priced well below recent 6/29/2022 appraised value. Spectacular asset in a fantastic and coveted West SC location. Offered at over a 5% Cap including new buyers' taxes. 4- meticulously upgraded (all major systems) existing apartments plus 3- brand new detached SFR homes. Recent upgrades to the existing apartments include new roofs, upgrades to electric/plumbing and more. In addition, fully owned (not leased) and professionally maintained solar + battery system. Provides all power to all 3 new homes; tenants are billed back for electricity and all have been sub-metered for water adding to owner monthly income. The new homes have 7 yr warranty- lowers maintenance expense.19 Total- rentable bedrooms. The location is highly desirable: close to UCSC for students, bus lines, beach,downtown As utilities continue to rise the smart new owner of this property will benefit. Current CAP well above recent loan quote @ 4.45%For 3Yrs I.O. allows new owner to increase yield w positive bank leverage.