Listed by Sperry Commercial - Gateway Group
$798,000
3802 / 3902 S Raddison Avenue
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,112
Units 8
Cap Rate 6.41%
NOI $51,134
Occupancy 100%
Pro-Forma Cap Rate 11.25%
Pro-Forma NOI $89,760
Price per SqFt $98
Broker Co-Op Yes
Class A
Year Built 2007
Buildings 4
Lot Size (SqFt) 18,544
Zoning Residential Multi Family
Investment Type Value Add
Sale Condition 1031 exchange
8 Unit Muti Family Deal
Marketing description
3802 S Radisson Ave to be sold alongside 3902 S Radisson Ave. Two Four-Plex units available with great rental history. Properties are located close to shopping, dining, entertainment, McAllen Miller International Airport, and International Bridge Crossings. Rent Roll available upon request. Contact Michael Liu for more details 626-679-2876.
Investment highlights
- 8 Units
- Two Fourplex's
- 2/2 BED/BATH
- Long Term Tenants
- LOW HOA
- Gated
- 100% Fully Occupied
Listing Contacts
Listed by Sperry Commercial - Gateway Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,134.00
$4,261.17/mo
Valuation Metrics
0
DSCR
6.41%
Cap Rate
6.41%
ROI
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