Listed by Inlet Realty
$2,600,000
2500 Leo Street Apartments
Details
APN 23911700
Property Type Multifamily
Sub Type Apartment Building
Units 24
Cap Rate 6.83%
NOI $177,461
Occupancy 82%
Year Built 1969
Buildings 1
Stories 2
Acreage 0.930
Zoning SF-T
Investment Type Value Add
Ownership Simple
Multifamily | 24 Units | $108,333/unit
Marketing description
Attention Investors! 19 out of 24 units are tenant occupied. The 15 units not reflected on data input have identical specs to the listed units. No showings without a ratified contract. Please make offer contingent upon seeing inside of units.Please do not disturb the tenants under any circumstances. Current total monthly rent on this building is $21,225.00. *****THIS PROPERTY IS BEING SOLD AS PART OF A PORTFOLIO OF 83 DOORS FOR $11.555M. *****Complete portfolio may be found in Documents section.
Listing Contacts
Listed by Inlet Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$177,461.00
$14,788.42/mo
Valuation Metrics
0
DSCR
6.83%
Cap Rate
6.83%
ROI
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