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)