Excellent opportunity to acquire a 10-unit multifamily investment at just $158,000 per unit with strong current cash flow PLUS additional rental upside.
$1,580,000
6.5% CAP RATE – Current Income
9.7 GRM – Current Income
10 Units – 6 Studios + 4 One-Bedrooms
100% Occupied
Separately Metered Gas & Electric
On-Site Laundry
Additional Rental Upside
Two gated courtyard-style buildings situated on an approximately 8,192 SF lot with copper plumbing, updated electrical and ongoing improvements.
Strong in-place numbers today with upside for tomorrow.
DM me for the Offering Memorandum, rent roll and additional property information.