Description
Well-maintained building w/ excellent rental potential. Rarely available 5.79% Cap Rate on actual inc + exp w/ seasoned, strong tenant pool. All MTM leases substantially below market rates = upside to increase rents! Unique unit mix: 8 units: one 3/1.5 ba, one 3/1, four 1/1s, 2 studios, 7 parking. Building painted 2022 & Units have been upgraded. All tenants sep-metered gas & elect. Owner pays water.
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12BEDS
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0.11ACRES
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8BATHS
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01/2 BATHS
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3,592SQFT
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$555$/SQFT
School Ratings & Info
Description
Well-maintained building w/ excellent rental potential. Rarely available 5.79% Cap Rate on actual inc + exp w/ seasoned, strong tenant pool. All MTM leases substantially below market rates = upside to increase rents! Unique unit mix: 8 units: one 3/1.5 ba, one 3/1, four 1/1s, 2 studios, 7 parking. Building painted 2022 & Units have been upgraded. All tenants sep-metered gas & elect. Owner pays water.
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