Trolley Square Apartments
Multifamily | 12 Units | $124,167/unit
Marketing description
π’ 12-Unit Income-Producing Apartment Complex β Strong Cash Flow & Solid Returns
Exceptional opportunity to acquire a 12-unit multifamily property with consistent income and attractive investment metrics. This asset offers a stable revenue stream and long-term upside for investors seeking both cash flow and appreciation.
π° Financial Highlights:
- Monthly Gross Income: $11,200
- Annual Gross Income: $134,400
π Operating Expenses:
- Property Taxes: $11,000/year
- Water: $120/year
- Electric: $216/year
- Insurance: $15,300/year
- Total Expenses: $26,636/year
π Investment Performance:
- Net Operating Income (NOI): $107,764
- Cap Rate: ~7.23% (based on $1,490,000 purchase price)
π΅ Financing Scenario (Example):
- 25% Down Payment
- 6.5% Interest Rate
- 25-Year Amortization
- Estimated Annual Debt Service: $90,600
πΈ Investor Returns:
- Estimated Annual Cash Flow: $17,164
- Cash-on-Cash Return: ~4.6%
β¨ Investment Highlights:
- Stable, income-producing asset
- Strong cap rate for multifamily sector
- Positive cash flow from day one
- Opportunity for rent growth and value-add potential
- Ideal for long-term hold and equity appreciation
This property represents a turnkey multifamily investment with solid fundamentals and reliable performance. Whether youβre expanding your portfolio or entering the multifamily space, this asset delivers both income stability and future upside.
This 12-unit apartment complex generates
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