OFFERING SUMMARY
List Price:
$3,195,000
Number of Units:
8
Price/Unit:
$399,375
Price/SF:
$671.22
Cap Rate:
3.40
GRM:
19.72
NOI:
$108,512
Status:
Active
Investment Highlights:
Prime Ocean Beach Apartments One Block From Beach
5 Garages & 3 Off-Street Parking Spaces With Driveway
Huge 10,456 SF Lot With 4 Separate Cottage Structures
Large ~600 SF Bungalow Style Units With Lush Yards
Long-Term Tenants With Easy Immediate Rental Upside
Newer Pitched Roofs, Windows & Systems
Units Meticulously Maintained; Varying Upgrades
Raised Foundation & Easy Plumbing Access Points
Just Blocks To The Popular Sunset Cliffs Area And Proximate To Downtown
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