OFFERING SUMMARY
List Price:
$3,200,000
Number of Units:
8
Price/Unit:
$400,000
Price/SF:
$496.28
Cap Rate:
3.22%
GRM:
19.46
NOI:
$102,944
Status:
Active
Investment Highlights:
Extremely Rare Located Ocean Beach Complex Steps To The OB Pier
All Units Are 2-Bedroom / 1-Bath And Average 800 Square Feet
One Block To Newport Ave, OB’s Hot Spot For Restaurants/Entertainment
Upgraded Roof, Plumbing, Fencing, Railings & Select Windows
Substantial Rental Upside Through Minor Interior Improvements
Individual Water Shut Off Valves & Prewired Internet Access & Landlines
Off Street Parking Available For Each Unit
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