OFFERING SUMMARY

List Price:

$3,200,000

Number of Units:

10

Price/Unit:

$320,000

Price/SF:

$790.51

Cap Rate:

3.41

GRM:

17.46

NOI:

$109,143

Status:

Active

 
 

Investment Highlights:

  • Prime Location in a Rapidly Gentrifying Linda Vistal Residential Community

  • Majority of Renovated Units (8 of 10) with Rental Upside

  • Unit Mix of all 1 Bed / 1 Bath Units

  • Recent Upgrades Include New Plumbing, New Electrical Panels and Wiring, New Sewer Lines, Upgraded Drainage, and Dual Pane Windows

  • Eleven Off-Street Parking Spaces and Large Fenced Yards

  • Newer Water Heaters were Installed 3-5 Years Ago for Both Properties (1x 100 Gallon & 2x 30 Gallon Tanks)

 
 

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