218 S Tower Dr
Property Description
First time on the market in 26 years. Well maintained property with significant (25%) upside in rents. Priced at 12.3 x gross and 5% cap at closing; 9.8 x gross and 7% cap with rents at market. $309,375/unit and $367/bldg. S.F.
Broker Details
KELLER WILLIAMS BEVERLY HILLS REALTY (310) 432-6547
MLS ID: L02592 State License Number: 00708618
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $9,900,000 |
| No. of Units: | 32 |
| Year Built: | 1929 |
| Lot Size: | 26,972.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $309,375 |
| Property Website | Click Here |
| Number of Bedrooms: | 24 |
| Number of Bathrooms: | 32 |
ID: 3yd-CLAWCA-26672315
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