Listed by Howard Realty Group, Jordan Howard
$3,500,000
Alia Condos
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 14,750
Units 10
Cap Rate 4.53%
NOI $158,400
Occupancy 100%
Price per SqFt $237
Year Built 2023
Stories 2
Multifamily | 10 Units | $350,000/unit
Marketing description
10 Unit Condos fully leased for sale. 1,475 square foot condos. Newly built in 2023. Modern layout and finishes. 3 bedroom and 2.5 baths. Fully leased and renting at $2,000 per month. Great location at 14 Mile Road and Ryan Road.
Investment highlights
4005-4030 Alia Drive, Warren, MI 48092
10 unit condos
Fully leased with $2,000 monthly rent
3 bedrooms and 2.5 baths
Modern layout
Listing Contacts
Listed by Howard Realty Group, Jordan Howard
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$158,400.00
$13,200.00/mo
Valuation Metrics
0
DSCR
4.53%
Cap Rate
4.53%
ROI
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