OFFERING SUMMARY
List Price:
$3,650,000
Number of Units:
8
Price/Unit:
$456,250
Price/SF:
$671.45
Cap Rate:
1.93
GRM:
25.27
NOI:
$53,180
Status:
Active
Investment Highlights:
Located Only Two Blocks From Mission Bay in Quiet Neighborhood
Well Maintained Value Add Opportunity with a 5.73% Proforma Cap Rate
Extremely Desirable Unit Mix of Six 2-Bed / 1 Bath, One 1-Bed / 1 Bath, & One Studio / 1 Bath
Seven Off-Street Parking Spaces, Onsite laundry, & Courtyard Space
Pitched Roof Replaced in 2012
First Time On Market In 57 Years
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