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Property Highlights
OFFERING PRICE: $4,100,000
“TURN-KEY” & PRIDE OF OWNERSHIP!
- Current GRM: 11.27 | Current Cap Rate: 6.03% with Upside!
- Excellent Unit Mix of: (1) 3-Bed/2-Bath, (1) 2-Bed/2-Bath, (10) 2-Bed/1-Bath & (3) 1-Bed/1-Bath Units
- Turn-Key Asset with Copious Amount of Recent Capital Expenditure Including:
- INTERIORS: New Flooring, Kitchens, Bathrooms, Walk-in Closets, Appliances, New Electrical Subpanels & More (13 of the 15 Units!)
- EXTERIOR: New HVACS, Remodeled Entryway, Refreshed Landscaping, All Copper Plumbing and More!
- Newer 1970’s Construction with Colonial-Style Architecture and Tenant Amenities
- Tenants Enjoy Gated On-Site Parking, an On-Site Laundry Facility, and a Recreational Room
- Private Entrance with Intercom System for Added Security
- Approved Plans for 3 ADUs for Instant Value-Add Potential
Property Details
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