Impressive 5.6% CAP Rate, 12.85 GRM on actual current rents! Kristopher German of The Apartment Dealer is pleased to offer for sale 5 Units in the strong rental community of the city of Paramount. The subject property has undergone a substantial amount of renovations especially the front cottage unit and the rear two-story building. Unit mix consists of ALL 2-Bedroom/1-Bathroom units distributed across 3 separate buildings; two single-story detached cottage-style units with private backyards and attached garages, and a two-story building with three 2-Bedroom Units. Units are situated on an oversized 18,056 sqft lot. Tenants pay for electricity and gas while the owner pays for water and trash.
Updated on June 23, 2020 at 8:49 am