OFFERING SUMMARY

List Price:

$3,095,000

Number of Units:

8

Price/Unit:

$386,875

Price/SF:

$621.99

Cap Rate:

4.83%

GRM:

14.78

NOI:

$149,467

Status:

Active

 
 

Investment Highlights:

  • Rarely Trading Normal Heights Location Near Popular Adams Avenue

  • Strong Mix Of Larger 1-Bed & 2-Bed Units With Half of Units Upgraded

  • Major Plumbing Improvements, New Roof & High-End Exterior Upgrades

  • Four Single Car Garages & Three Off-Street Parking Spaces

  • Strong Value Add Potential Through Interior Upgrades

  • Easily Convert Two Garages To An Additional Courtyard-Accessible Unit

 
 
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