Listed by NORTHPEAK Commercial Advisors
$995,000
2520 W 65th Place
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,298
Cap Rate 7.51%
NOI $74,762
Pro-Forma Cap Rate 8.39%
Pro-Forma NOI $83,522
Price per SqFt $232
Year Built 1973
Year Renovated 2024
Stories 2
Lot Size (SqFt) 18,000
Zoning R3
Multifamily | 7.51% CAP
Investment highlights
**PLEASE REACH OUT TO LEAD CONTACT HUNTER SCHAEFER WITH ANY INTEREST/TOURS**
Unit #2 is currently vacant intentionally for owner-occupant buyer. The rest of the units are occupied.
Property Highlights: • All units updated with new kitchens, bathrooms, flooring, and in-unit laundry • Oversized 18,000 SF lot with potential for development, short term rental, or other creative uses • Extensive recent updates including new roof (2026), plumbing, electrical, and exterior • Strong cash flow with upside potential • Separately metered gas & electric – tenants pay direct
Listing Contacts
Listed by NORTHPEAK Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,762.00
$6,230.17/mo
Valuation Metrics
0
DSCR
7.51%
Cap Rate
7.51%
ROI
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