TEST LISTING 1

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Created date: July 26, 2023
Date last updated: March 27, 2024
  • Delivered with two vacant units- Ready to issue permits to renovate two units
  • Excellent mid-cities location
  • Brand new electrical panel and partially repaved concrete parking area
  • Through strategic interior and exterior value add enhancements investors can achieve 24% upside on rental premiums.

Property Description

Excellent opportunity with tons of upside and a great location.

Key Property Information

Listing Status: Available
Listing Type: Distressed sale
Property Types: Apartment Buildings
No. of Units: 8
Cap Rate: 8.00%
GRM /GIM: 8.00
Average Occupancy: 100.00
Year Built: 1999
Year Renovated: 2022
Building Size: 10,000 Sq ft
Lot Size: 1.20 Sq ft
No. of Stories: 4
APN: 123-1234-123
Zoning Code: R-5
Buy Side Fee: 2.5%
Opportunity Zone: No
Parking Spaces: 6
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Unit mix

Description No. of Units Sq ft. Avg. Monthly Rent
2+2 8 890 1300

FINANCIAL DETAILS

Income/expense info: Actual

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