OFFERING SUMMARY

List Price:

$10,250,000

Number of Units:

16

Price/Unit:

$640,625

Price/SF:

$826.61

Cap Rate:

4.11%

GRM:

15.34

NOI:

$420,775

Status:

Active

 
 

Investment Highlights:

  • Highly Coveted Ocean Beach Location A Bit Over A Block From The Ocean

  • All Large 2-Bedroom /1-Bath Units Approximately 775 Square Feet

  • Fully Remodeled Interiors & Exteriors 2021-2022

  • All Units Include Washer/Dryers & Access To Private Replastered Pool

  • In-Unit PTAC A/C And Heating Throughout Property

  • Tenants Pay Majority Of Utilities | Low Maintenance Building

  • 11 Off-Street Parking Spaces & 11 Storage Units

 
 

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