Lionshead Property Management
Listed by Lionshead Property Management
$785,000
12 Plex
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,350
Units 12
Cap Rate 8.05%
NOI $63,157
Occupancy 100%
Price per SqFt $124
Class C
Year Built 1955
Buildings 6
Stories 1
Zoning R-2
Parking Spaces 19 spaces
Parking Per SqFt 2.99
Investment Type Value Add
Multifamily | 12 Units | $65,417/unit
Marketing description
This 12 plex is the perfect property to add to a growing portfolio. Many units have already been remodeled. There are two 2 bed 1 bath units and Ten 1 bed 1 bath units with on site washers/dryers that are leased and bring in extra income. Owner pays water/sewer/trash. Tenants pay electric and gas. Gross monthly income is $8,550!
Listing Contacts
Lionshead Property Management
Listed by Lionshead Property Management
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,157.00
$5,263.08/mo
Valuation Metrics
0
DSCR
8.05%
Cap Rate
8.05%
ROI
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