KW Commercial
Listed by KW Commercial
$899,900
Fully-Leased New Hope 4-Plex
Details
APN 0511821340076
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,536
Net Rentable (SqFt) 5,536
Units 4
Cap Rate 6.26%
NOI $56,311
Occupancy 100%
Price per SqFt $163
Class C
Year Built 1979
Buildings 1
Stories 2
Acreage 0.550
Zoning Residential
Ground Lease No
Investment Opportunity with Solid Rental History
Marketing description
Fantastic opportunity to own a turn-key, fully rented four-plex conveniently located in New Hope. This property feels more like four townhomes rather than your typical 4-plex. Renter pays gas, electric, water and sewer. All units have separate utilities and meters. Property has a common backyard and two patios shared by two units.
Investment highlights
Fantastic opportunity to own a turn-key, fully rented four-plex conveniently located in New Hope. This property feels more like four townhomes rather than your typical 4-plex. Renter pays gas, electric, water and sewer. All units have separate utilities and meters. Property has a common backyard and two patios shared by two units.
Listing Contacts
KW Commercial
Listed by KW Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,311.00
$4,692.58/mo
Valuation Metrics
0
DSCR
6.26%
Cap Rate
6.26%
ROI
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