Listed by RE/MAX Properties
$1,199,900
Summerfield LLC
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 10,984
Net Rentable (SqFt) 10,984
Units 10
Cap Rate 7.66%
NOI $91,865
Occupancy 100%
Price per SqFt $109
Broker Co-Op Yes
Class B
Year Built 2004,2007,2009
Year Renovated 2022
Buildings 3
Stories 2
Acreage 1.460
Zoning Commercial
Investment Type Stabilized
Occupancy Date 03/07/2026
Ownership Wasik
Sale Condition For sale by owner
Not based on performa. Real numbers, Great shape units, Sought after location. property managed.
Marketing description
Not based on a Per Forma. Only real numbers…. Units 34,36,94,96 are 2 bed and 1 bath. Units 56,58,62,64,68,70 are 2 bed and 2 bath. Units are updated and nicely presentable. You do not need to rehab anything. Units stay occupied with a list of people wanting to apply if a space comes open. Currently under a management company that can stay in place if you desire. Please call me with questions.
Listing Contacts
Listed by RE/MAX Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,865.00
$7,655.42/mo
Valuation Metrics
0
DSCR
7.66%
Cap Rate
7.66%
ROI
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