Apartment Realty Group (ARG)
Listed by Apartment Realty Group (ARG)
$1,650,000
1505-25 40th St
Details
APN 551-320-17-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,827
Units 5
Cap Rate 6.06%
Buildings 3
Parking Spaces 12 spaces
Parking Per SqFt 2.49
Multifamily | 6.06% CAP | 5 Units
Marketing description
**5-Unit Value-Add Opportunity on a Massive 17,668 SF Lot** Unit mix includes a four-plex with four (4) 2BD/1BA units plus a separate 5BD/3BA house with an attached garage. The oversized lot and Complete Communities zoning allow for multiple value add opportunities, including a lot split between the house and 4 plex, several ADUs, and/or exploration of a full redevelopment concept with potential for 100+ units (buyer to verify).
Listing Contacts
Apartment Realty Group (ARG)
Listed by Apartment Realty Group (ARG)
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