Thomas Fortin & Company LLC.
Listed by Thomas Fortin & Company LLC., Thomas Fortin & Company
$2,595,000
4496 Reinbeau Drive
Details
APN 180-000419
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 41
NOI $188,291
Price per SqFt $751
Year Built 1973
Acreage 2.270
Multifamily | 41 Units
Marketing description
Cardinal Built ...41 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries
33 - 1BR - 1 bath 576 sf Avg Rent $675
3 - 2BR - 1 bath 864 sf Avg Rent $725
4 - Studios - 1 bath 288 sf Avg Rent $575
1 - 3 BR 1 bath 1152 sf Rent $795
Also has Rental Office/Storage unit
Plenty of paved parking. Near all conveniences.
Plenty of upside potential for additional income
Please do not disturb residents. No owner financing. Contingent curbside offers only. Thank you
Listing Contacts
Thomas Fortin & Company LLC.
Listed by Thomas Fortin & Company LLC., Thomas Fortin & Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$188,291.00
$15,690.92/mo
Valuation Metrics
0
DSCR
7.26%
Cap Rate
7.26%
ROI
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