J Kundert Real Estate
Listed by J Kundert Real Estate
$1,100,000
West Rentals
Details
APN 0961103080006
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 4,914
Net Rentable (SqFt) 4,914
Units 3
Cap Rate 6.12%
NOI $67,360
Occupancy 100%
Price per SqFt $224
Broker Co-Op Yes
Class B
Year Built 1999
Buildings 3
Stories 1
Acreage 2.570
Zoning C-1
Investment Type Owner/User
Occupancy Date 08/31/2024
Ownership Private
Multifamily | 3 Units | $366,667/unit
Marketing description
Three homes on 2.5 Acres, zoned C-1. Property has 11 RV spaces and a 1,000 SF storage shed for rent as additional income. Main home is a 1500 sf, 3 bedroom 2 bath modular constructed on unfinished basement in 1999. Second home is 1467 SF stick built home with 2047 sf finished basement, 3 bedroom, 2 bath. Third home is 900 sf on slab with 2 bedroom and 1 bath. Great location on Highway 34 and 18th Street with access from both streets.
Owner will carry purchase with Note and 1st Deed of Trust with 15% cash down, 20 year amortization.
Investment highlights
Pro-forma gross income $82,200 with expenses of $13,206; NOI $67,590. Property has room for additional storage. A shop could be added for owner/user to rent out or use. Ideal for trucking or mechanical companies.
Listing Contacts
J Kundert Real Estate
Listed by J Kundert Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,360.00
$5,613.33/mo
Valuation Metrics
0
DSCR
6.12%
Cap Rate
6.12%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Title
Is there information that looks off?
