Listed by Diversified Commercial Real Estate
$720,000
1104 169th
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,050
Units 6
Cap Rate 7.53%
NOI $54,209
Occupancy 100%
Pro-Forma Cap Rate 7.53%
Pro-Forma NOI $54,209
Price per SqFt $178
Year Built 1965
Buildings 1
Stories 2
Acreage 0.140
Zoning R-1U
Multifamily | 6 Units | $120,000/unit
Marketing description
This is a 6-Unit Apartments building featuring 90 percent BRICK exterior and (6) 1-Bed apartments with a common Laundry Room. 3 of the 6 apartments have been fully Remodeled and Updated Flooring, Light Fixtures, Plumbing Fixtures, Stainless Steel kitchen appliances and GRANITE countertops. Baseboard heat and individual air conditioning units in each apartment.
Investment highlights
- 100% Occupied!
- 3 of 6 Apartments Remodeled!
Listing Contacts
Listed by Diversified Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,209.00
$4,517.42/mo
Valuation Metrics
0
DSCR
7.53%
Cap Rate
7.53%
ROI
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