Aria Real Estate
Listed by Aria Real Estate
$1,400,000
9620-9626 W Grand Ave
Details
Property Type Mixed Use
Sub Type Mixed Use
Units 25
Cap Rate 7.50%
NOI $104,677
Occupancy 90%
Tenancy Multi
Lease Type Gross
Class B
Year Built 1948
Buildings 1
Lot Size (SqFt) 25,398
Zoning C-2 and R-2 on Parking Lot
Investment Type Stabilized
Ground Lease No
Mixed Use | 7.50% CAP
Marketing description
Mixed-use property consisting of residential and commercial units at 9620-9626 W Grand Ave. The property features 7 residential units and 3 commercial spaces, generating strong rental income with stable tenancy. Currently 90% occupied with one vacant commercial unit available. The property also includes a 13,523 sq. ft. parking lot at 10135 Gustave St. (directly behind the building).
Investment highlights
Amazing Cash Flow! Offered at a 7.5 Cap!! Opportunity for future investor to improve rents and lower expenses.
Listing Contacts
Aria Real Estate
Listed by Aria Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,677.30
$8,723.11/mo
Valuation Metrics
0
DSCR
7.48%
Cap Rate
7.48%
ROI
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