Listed by Joe Tramonte Realty, Inc.
$750,000
9 Unit Rental Complex - 3705 , 3713 and 3717 Winnie
Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Net Rentable (SqFt) 5,588
Units 9
Occupancy 100%
Pro-Forma Cap Rate 9.41%
Pro-Forma NOI $70,611
Broker Co-Op Yes
Year Built 1950
Buildings 8
Stories 1
Lot Size (SqFt) 15,479
Investment Type Stabilized
Ownership Estate Owned
Multifamily | 9 Units | $83,333/unit
Marketing description
Estate Owned 9 Unit Complex - Consists of 7 individual, free standing 2BR, 1BA structures on 1 parcel plus 1 elevated duplex. 100% occupied, with room for escalations. Priced below appraisal (attached). No survey.
Investment highlights
7 free standing units on 1 parcel plus 1 duplex on adjoining parcel
100% Occupied with room for rental escalation
$100K per door
7.85 CAP (proforma)
Priced below appraisal
Listing Contacts
Listed by Joe Tramonte Realty, Inc.
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