OFFERING SUMMARY
List Price:
$3,600,000
Number of Units:
8 + 1*
Price/Unit:
$400,000
Price/SF:
$567.02
Cap Rate:
4.14%
GRM:
16.22
NOI:
$148,969
Status:
Active
Investment Highlights:
Well Maintained Ocean Beach Complex 2.5 Blocks To Beach
Rare Mix Of Mainly 2-Bedroom Units & 12 Off-Street Parking
Substantial Rental Upside & Large Units With Interior Courtyard
Close Proximity To Newport Avenue Restaurants & Entertainment
Partially Upgraded Units With Great Bones & Cedar Paneling
On-Site Laundry Room With 2 Washer & 2 Dryers
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