OFFERING SUMMARY
List Price:
$4,850,000
Number of Units:
12
Price/Unit:
$404,167
Price/SF:
$1,347
Cap Rate:
2.61%
GRM:
22.45
NOI:
$126,706
Status:
Active
Investment Highlights:
Irreplaceable Ocean Beach Location 2 Blocks To Beach
Seller Financing At 5% I/O For 3 Years, 40% Carry Back
Well Maintained, Granite Counters, New Kitchens
Substantial Rent Increases Possible Without Any Further Work; Great Condition
Studio Units Beginning To See Much Higher Demand
2 Off-Street Parking Spaces, Private Courtyard, On-Site Laundry
Extreme Upside Through High End Renovations
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