OFFERING SUMMARY
List Price:
$8,800,000
Number of Units:
32
Price/Unit:
$275,000
Price/SF:
$547.43
Cap Rate:
2.46
GRM:
19.88
NOI:
$216,302
Status:
Active
Investment Highlights:
Prime Bankers Hill Location A Stone’s Throw From Park & Downtown
Seller Financing Option Available; Prefers Conventional
Extremely Low Inventory of Buildings Over 30 Units Locally
Very Large Units With Mix Of 1-Bedrooms, Studios, & Penthouse
Huge Rental Upside Through Minor Interior Renovations
Operable & Recently Inspected Elevator & Sprinkler Systems
Implement A RUBS Program For Major Utility Savings
Enormous 3,000 Square Foot Basement Currently Non-Monetized
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