Real People Realty
Listed by Real People Realty
$1,200,000
2537 W 63RD STREET
Details
APN 19-24-204-006-0000
Property Type Mixed Use, Multifamily
Square Footage 3,000
Units 15
Beds 2
Cap Rate 5.67%
NOI $68,004
Occupancy 67%
Tenancy Multi
Pro-Forma Cap Rate 13.42%
Pro-Forma NOI $161,016
Acreage 0.167
Zoning B1-1
Investment Type Value Add
Ground Lease No
Almost fully leased! Seller Financing Available!
Marketing description
The perfect 15-unit multifamily building for any investor looking for short or long term equity! Located in OPPORTUNITY ZONE! This building features 13 spacious 2-bedroom units plus two 1,500 SF commercial spaces. Offering HIGH pro-forma cap rate, this property gives you immediate cash flow without the heavy lift of a full lease-up. The building also has the potential to add on-site laundry and tenant storage. Seller Financing Available!
Investment highlights
- Seller Financing Available
- All units lightly renovated
- Newer Broiler
- Opportunity Zone
- Add Value: Laundry room, storage
Listing Contacts
Real People Realty
Listed by Real People Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,004.00
$5,667.00/mo
Valuation Metrics
0
DSCR
5.67%
Cap Rate
5.67%
ROI
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