Listed by Investment Real Estate Associates
$2,700,000
412 N Ardmore Ave
Details
APN 5521-022-006
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,384
Units 4
Cap Rate 4.28%
NOI $115,505
Pro-Forma Cap Rate 5.61%
Pro-Forma NOI $151,414
Price per SqFt $501
Broker Co-Op Yes
Year Built 2019
Buildings 2
Stories 3
Lot Size (SqFt) 5,279
Multifamily | 4 Units | $675,000/unit
Investment highlights
Built in 2019 - Not Subject to Rent Control
Below Market Rents - Approximately 23% Upside in Rents
Great Unit Mix - 2-Bed, 3-Bed & 4-Bed Townhome Units
Modern Design and Fixtures
Located on a Quiet Street in Hollywood - 88 Walk Score
Listing Contacts
Listed by Investment Real Estate Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,505.00
$9,625.42/mo
Valuation Metrics
0
DSCR
4.28%
Cap Rate
4.28%
ROI
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Tax History
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