716 Randolph is a 12 unit building that are all 1 bedroom apartments. Current rent roll is at $5450. Latest Leases have been signed at $475 and have made water/sewer the responsibility of the tenants under a RUBS program. Rent Roll potential of $5700/month. With RUBS implemented on all units, expenses would be about $2,000 per month, putting NOI at $3700/month. Most of the units have been renovated, the ones that have not been renovated have long term residents. Listing agent is part owner of the property.

Listing provided courtesy of EPM, Iowa.
Listing Agent: Tyler Rasmussen

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