High Yield 4 Family
9.4% In-Place Cap with Upside to 11%+
Marketing description
VC Property Group is proud to present a 4-unit multifamily asset located at 681 N Main Street.
The property is fully occupied and generating $61,752 in current gross income, delivering an in-place cap rate of approximately 9.39%, with upside to an 11.46% cap rate at stabilization through modest rent increases.
At stabilization, the asset achieves approximately $56,710 NOI and a 1.80x DSCR, offering strong yield with minimal execution risk.
The property features tenant-paid utilities, public water/sewer, and a low operating expense profile. This is a stabilized asset with immediate cash flow and mark-to-market rent upside.
Investment highlights
~9.4% in-place cap rate (strong day-one yield)
11.46% projected cap rate at stabilization
Fully occupied 4-unit with consistent cash flow
Tenant-paid utilities with low expense structure
Rent growth to $72K stabilized income
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