Alliance Real Estate Group
Alliance Real Estate Group
Listed by Alliance Real Estate Group
$510,000
1408 Marcela Drive
Details
APN V315000000000400
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,080
Net Rentable (SqFt) 4,080
Units 4
Cap Rate 8.14%
NOI $41,522
Occupancy 100%
Pro-Forma Cap Rate 8.14%
Pro-Forma NOI $41,522
Price per SqFt $125
Class B
Year Built 2024
Buildings 2
Stories 1
Acreage 0.258
Zoning Multi Family
Parking Spaces 8 spaces
Parking Per SqFt 1.96
Investment Type Owner/User
Occupancy Date 02/01/2025
Ownership 100
Sale Condition For sale by owner
Multifamily | 4 Units | $127,500/unit
Marketing description
Exceptional investment opportunity. This impressive 4Plex boasts two well-appointed 2-bedroom, 2-bathroom units and two spacious 3-bedroom, 2-bathroom units, each offering attractive rental income potential.
Investment highlights
The property's strong financial profile is highlighted by a robust Pro Forma Cap Rate of 8.14%. With a total gross monthly income of $4,800 and minimal vacancy, this investment promises a stable revenue stream. Operating expenses are carefully managed, ensuring a healthy Net Operating Income (NOI) of $41,522.30 annually. Situated in a convenient location, this property is meticulously maintained, showcasing pride of ownership. The detailed financial information provided offers transparency and insight into the lucrative investment potential of this property. Act now to capitalize on this promising investment opportunity at 1408 Marcela Drive.
Listing Contacts
Alliance Real Estate Group
Alliance Real Estate Group
Listed by Alliance Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,522.00
$3,460.17/mo
Valuation Metrics
0
DSCR
8.14%
Cap Rate
8.14%
ROI
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