Listed by Bridgewater Realty Advisors
$625,000
10% Cap rate - 5 units
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,545
Units 5
Cap Rate 8.25%
Pro-Forma Cap Rate 8.80%
Price per SqFt $83
Class B
Year Renovated 2024
Buildings 2
Stories 2
$8,000 per month gross income
Marketing description
Westbank Porfolio Listing of one Four-Plex and one SFR minutes from each other with easy access to Behrman Hwy. Both properties offer spacious living with long term tenants and stable rental income. Properties have central air and heat with off street parking. Seller financing offered with 4.75% interest amortized over 30 years with 25% down and 5 year balloon. Properties priced at $87/ft with value add potential. Don't miss out.
Listing Contacts
Listed by Bridgewater Realty Advisors
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