Description
This property is being marketed as part of an 82-unit portfolio; however, the seller will consider sub-portfolios of 10 or more units. The current NOI is $541,000 at 95.1% occupancy, reflecting an 8.0% in-place CAP rate and an approximately 10.5% pro-forma CAP rate. The portfolio's asking price is $6,760,000. See attachment for the complete list of addresses.
$86,500
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3BEDS
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0.08ACRES
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1BATHS
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11/2 BATHS
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1,578SQFT
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$55$/SQFT
School Information
Description
This property is being marketed as part of an 82-unit portfolio; however, the seller will consider sub-portfolios of 10 or more units. The current NOI is $541,000 at 95.1% occupancy, reflecting an 8.0% in-place CAP rate and an approximately 10.5% pro-forma CAP rate. The portfolio's asking price is $6,760,000. See attachment for the complete list of addresses.
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