Key Realty
Listed by Key Realty
$1,600,000
3298 E 5th Avenue #3294
Details
APN 010-070201
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,724
Net Rentable (SqFt) 4,724
Units 12
NOI $142,904
Occupancy 100%
Price per SqFt $339
Year Built 1969
Year Renovated 2025
Acreage 0.790
Parking Spaces 24 spaces
Parking Per SqFt 5.08
Multifamily | 12 Units
Marketing description
This exceptional apartment complex, meticulously renovated to provide maximum returns! Highlights include a newer roof, eight new high-efficiency furnaces, twelve new modern A.C units, and brand-new appliances in all units, twelve new hot water heaters. The units feature upgraded flooring, cabinetry, and vanities, along with new concrete patios. All 12 units have been beautifully painted, and the parking lot has been expertly repaired and coated. This turnkey property is occupied by a single reliable tenant(Company), who pays monthly rent for all 12 units, ensuring a smooth investment experience.
Listing Contacts
Key Realty
Listed by Key Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$142,903.96
$11,908.66/mo
Valuation Metrics
0
DSCR
8.93%
Cap Rate
8.93%
ROI
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