$299,500
Townhome Portfolio (3)
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, townhome
Square Footage 4,950
Net Rentable (SqFt) 4,950
Units 3
Cap Rate 6.00%
NOI $71,575
Occupancy 100%
Pro-Forma NOI $71,575
Price per SqFt $61
Broker Co-Op Yes
Class A
Year Built 2014
Buildings 3
Stories 2
Zoning R2
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange
3 townhomes, can be purchased together or separately. Four were built together in 2014.
Marketing description
Townhome Portfolio for sale, may be purchased separately or together, subject to terms of 1031 exchange.
One current lease in place through August of 2026, available for investment or owner occupied, with two available for immediate occupancy. 299,500/unit.
Each property features 3 bedrooms together in the upper level, main bdrm with attached full bath, double vanity, and walk in closet, main floor laundry, walk in pantry, kitchen with eating bar and attached dining that walks out onto patio and HUGE private yard, privacy fence installed on all 3 homes, underground sprinklers, and attached double car garage. All appliances stay including washer/dryer and water softener.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,575.00
$5,964.58/mo
Valuation Metrics
0
DSCR
23.9%
Cap Rate
23.9%
ROI
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