Listed by All-Pro Realty Advisors - Melony Marsh
$449,000
132 NE Rifle Range
Details
APN R40740
Property Type Multifamily
Sub Type Student Housing
Square Footage 2,863
Net Rentable (SqFt) 2,863
Units 2
Pro-Forma Cap Rate 7.73%
Pro-Forma NOI $34,686
Price per SqFt $157
Broker Co-Op Yes
Year Built 1980
Buildings 1
Stories 1
Acreage 0.890
Zoning MR29
Parking Spaces 12 spaces
Parking per 1,000 SqFt 4.19
Occupancy Date 11/04/2025
Ground Lease No
Great Location Multi-Family, School, Care Home & More!
Marketing description
Great location for day care, preschool, charter school, assisted living center, adult foster care facility, ambulance station, student housing, and much more. Plenty of onsite paved parking, fully fenced back yard with lots of room to expand. 2 separate units. Unit 152: 1,000 S/F setup with 2 offices/BR, full kitchen, washer/dryer hookup, 1 restroom, completely remodeled. Unit 132: 1,863 S/F, large meeting room area, full kitchen with pass-through for banquets, washer/dryer, 2 full restrooms, 3 separate offices/BR, additional 550 S/F of basement storage plus loft storage. Huge lot located right off Diamond Lake Blvd.
Listing Contacts
Listed by All-Pro Realty Advisors - Melony Marsh
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