Listed by Jonathan J. Nelson Real Estate
$500,000
Renovated Five-Unit Building in Wilkes-Barre
Details
APN H10SW2011001, H10SW2011002
Property Type Multifamily, Hospitality
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 5,000
Net Rentable (SqFt) 5,000
Units 5
Cap Rate 10.91%
NOI $54,530
Occupancy 100%
Tenancy Multi
Broker Co-Op False
Year Renovated 2024
Buildings 1
Stories 3
Zoning Multi-Family
Investment Type Stabilized
Ownership Fee Simple
Sale Condition For sale by owner
Renovated Five-Unit Building in Wilkes-Barre
Marketing description
Fully leased, five-unit, multi-family property in Wilkes-Barre with recent renovations and stable in-place income with a NOI of ($54,529.73), outlined on the Income Statement and Rent Roll in the Crexi Vault. The unit mix includes one, two, & three-bedroom apartments with tenants paying their own utilities. This is a clean, straightforward asset offering existing cash flow with room to increase income.
Please note, the financial figures in the attached documents found in the Crexi Vault are spread across a portfolio of two properties. Seller is willing to sell off as a portfolio or in an individual property sell-off.
Listing Contacts
Listed by Jonathan J. Nelson Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,529.73
$4,544.14/mo
Valuation Metrics
0
DSCR
10.91%
Cap Rate
10.91%
ROI
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