alue add opportunity RENTS ARE 20% BELOW MARKET! This 5 unit residential apartment complex is comprised of four 1 bedroom/ 1 bathroom units and one 2 bedroom/1 bathroom unit.. Currently, three 1/1 units rent for $500/month and the 4th 1/1 rents for $550/month. The 2/1 is renting at $550. Market rents are $560/unit for the 1/1 units and $600 for the 2/1 units, increasing potential income to $2,840/month. Owners pay water, sewer, garbage and yard maintenance. Great opportunity for investor or small exchange!