OFFERING SUMMARY
List Price:
Download OM For Details
Number of Units:
28 Resi / 7 Commercial
Price/Unit:
N/A
Price/SF:
N/A
Cap Rate/Proforma Cap:
5.01%/ 10.17%
GRM/Proforma GRM:
11.10 / 6.73
NOI / Proforma NOI:
$273,796 / $556,207
Status:
Active
Investment Highlights:
Opportunity To Own And Operate Your Own Small Town An Hour From The Ocean
High Cash Flow With Tremendous Upside Through Honed Operations
Longer NNN Commercial Leases And Desirable Mix of 1, 2, 3 & 4-Bedroom Units
Add Substantial Income By Restoring & Leasing Out Currently Vacant Buildings
Build To Maximize Density Without Touching Existing Structures Or Scrape And Build New
Build Additional Units Easily On Footprints of Previously Existing Buildings • Most Residential Units Have New Roofs & New Vinyl Plank Flooring
Most Residential Units Include Washer/Dryer Hookups & 100amps/Unit
Tenants Highly Desire Gym, Laundromat, Day Care or Recreation Centers; Vacant Buildings Could Be Build Out For These Purposes
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