Listed by Tradelands Realty & Management
$1,575,000
616 S Hardy Dr 112
Details
APN 124-36-067
Property Type Multifamily
Sub Type Apartment Building
Units 7
Cap Rate 4.79%
NOI $75,420
Year Built 1984
Buildings 7
Zoning Residential
Parking Spaces 2 spaces
Multifamily | 4.79% CAP | 7 Units
Marketing description
This listing is a bulk sale for 7 identical condos at this property - Units 112, 115, 128, 138, 141, 207, 231. Each unit is rented with good solid tenants except unit 115 we left vacant for buyers to see the floor plan. There is still value ad for these 7 units as the rents can and should be increased in 2026. This is a great opportunity to purchase 7 units at the same located and have immediate cash flow from day one! Don't let this opportunity pass you by. Bring us an offer and lets Talk!
Investment highlights
- Operating Exp: $41,444
Listing Contacts
Listed by Tradelands Realty & Management
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,420.00
$6,285.00/mo
Valuation Metrics
0
DSCR
4.79%
Cap Rate
4.79%
ROI
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