Price/Unit $ 129,990.00
Primary Type: Multifamily
Garden/Low-Rise
No. Units: 10
Building Size: 3,896SF
Lot Size: 9,100SF
Cap Rate: 6.62%
Year Built: 1961
Property Description:
Private Gated Apartment.Almost No Vacancy. Rent Is Below Market Price.Owner Take Care Of The Property Very Well. Newer Copper Plumbing (Yr 2006).New 4 Energy-Efficient Coin Dryers And Washers. New Commercial Water Heater. Newer Iron Gate, Newer Roof, Newer Vertical Blinds, Newer Paint,Newer Security Cameras & Monitor Systems...Very Convenient Location.Easy To Manage.
*Please Do Not Disturb Tenants. Drive By Only. Make Offer Subject To Interior Inspection.*
| Financial Summary | Actual |
| Scheduled Gross Income: | $91,320 |
| Studio x 6: | $47,880 |
| 1 Bed x 4: | $39,240 |
| GSI: | $4,200 |
| Operating Expenses: | $5,363 |
| Insurance: | $1,616 |
| Water/Sw: | $1,524 |
| Trash: | $890 |
| Gas: | $717 |
| Total Expenses: | $5,363 |
| Net Operating Income: | $86,057 |
Unit Mix Information
| Studio |
| No. Units: 6 Avg. Mo. Rent: $665 |
| 1 Bedroom |
| No. Units: 4 Avg. Mo. Rent: $817 |
Debt & Equity Information No Debt & Equity Information Provided
No comments:
Post a Comment