Mel Foster Co. Commercial
Listed by Mel Foster Co, Mel Foster Co. Commercial
$535,000
3567 Kimberly Downs Road
Details
APN P1314B18
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 11
Cap Rate 10.00%
NOI $53,000
Year Built 1966
Stories 3
Acreage 0.310
Zoning MULTI
Multifamily | 10.00% CAP | 11 Units
Marketing description
11 2-bed, 1-bath units. Property was renovated in 2021. Building is sprinkled. Landlord is responsible for all utilities. Common area has a laundry room serviced by a third-party.
Listing Contacts
Mel Foster Co. Commercial
Listed by Mel Foster Co, Mel Foster Co. Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,000.00
$4,416.67/mo
Valuation Metrics
0
DSCR
9.91%
Cap Rate
9.91%
ROI
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