Description

Property Description

Comprised of (1) 2-Bed/1-Bath Cottage & (6) Spacious 1-Bed/1-Bath Units
Most Unit Interiors Updated with Wood Plank Flooring and Tile in the Kitchen and Bathrooms
Desirable Single-Story Construction
7 Units Spread Across 3 Duplexes + 1 Individual Cottage
Tenants Enjoy Plenty of Onsite Parking in Rear
Individually Metered for Gas & Electricity
Strong Current Financials with Upside in Rental Income
Current Cap Rate: 5.01% | Current GRM: 13.15
Proforma Cash-on-Cash: 7.68+% | Proforma GRM: 11.09