OFFERING SUMMARY
List Price:
$1,850,000
Number of Units:
5
Price/Unit:
$370,000
Price/SF:
$942.92
Cap Rate:
2.98
GRM:
19.75
NOI:
$55,042
Status:
Active
Investment Highlights:
Partially renovated and well maintained 5-unit complex only 6 blocks from the beach
Unit mix of two 1-Bed/1 Bath units and three Studio/1 Bath units
Four single car garages, one double car garage with driveway space, and extra storage space
Recent upgrades include a new roof, painted exterior, laminate flooring, and cabinets
Large covered lounge space surrounded by mature landscaping
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