Listed by Sovereign Real Estate & Investments LLC
$529,900
Fully Leased New Construction 4-Plex
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,319
Net Rentable (SqFt) 4,319
Units 4
Cap Rate 8.56%
NOI $45,360
Occupancy 100%
Pro-Forma Cap Rate 8.56%
Pro-Forma NOI $45,360
Class B
Year Built 2025
Buildings 2
Stories 1
Acreage 0.260
Investment Type Stabilized
Occupancy Date 01/19/2026
Sale Condition For sale by owner
Multifamily | 8.56% CAP | 4 Units
Marketing description
Discover a prime investment opportunity with this fully leased, brand-new four-plex, located in a rapidly growing area. Each unit is modernly designed and move-in ready, ensuring a steady cash flow from day one. Positioned near vibrant attractions, this property offers tenants easy access to dining, shopping, and entertainment, making it highly desirable and a smart addition to your portfolio. Don't miss out on this hassle-free, income-generating asset!
Investment highlights
1. Immediate Cash Flow
- Since the property is fully leased, you start earning rental income right away, ensuring positive cash flow from day one.
2. Low Maintenance Costs
- New construction means that the building, appliances, and systems are brand new, reducing the likelihood of costly repairs and maintenance. This translates to lower operating expenses in the initial years.
3. Depreciation Benefits
- As a new construction property, you can take advantage of significant tax benefits through depreciation, potentially reducing your taxable income.
4. Appreciation Potential
- New construction properties often appreciate faster, especially in growing markets. The modern amenities and energy-efficient features make these properties more desirable, contributing to value appreciation over time.
Listing Contacts
Listed by Sovereign Real Estate & Investments LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,360.00
$3,780.00/mo
Valuation Metrics
0
DSCR
8.56%
Cap Rate
8.56%
ROI
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