Listed by Acuity Group
$2,500,000
55+ 1 Level Rental Community
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 11,536
Net Rentable (SqFt) 11,536
Units 8
Cap Rate 8.43%
NOI $210,720
Occupancy 100%
Pro-Forma Cap Rate 6.31%
Pro-Forma NOI $157,700
Price per SqFt $217
Year Built 2020
Buildings 4
Stories 1
Acreage 1.780
Zoning Residential
55+ 1 Level Rental Community
Marketing description
55+ 1-Level rental community built in 2020. Hard to find investment opportunity. Community consists of 4 twin homes (8 units). Each unit has a separate PID to provide for residential v.s commercial property tax rate and ease of forming association if owner wanted to sell units individually. Units boast a great floorplan and are well appointed. Very stable and loyal tenant base that have been taking great care of their respective units. Conveniently located on a quiet cul-de-sac and close to local shopping and the Hwy 101/169 corridor.
Listing Contacts
Listed by Acuity Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,720.00
$17,560.00/mo
Valuation Metrics
0
DSCR
8.43%
Cap Rate
8.43%
ROI
Map
Zoning
BP CommercialSpecial CommercialBusiness Park
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View all 22 uses
View all 22 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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