Listed by Arriaga Real Estate
$2,350,000
6006-6012 Martin Luther King Jr Blvd
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,215
Units 14
Cap Rate 5.32%
NOI $124,965
Occupancy 100%
Pro-Forma Cap Rate 6.17%
Pro-Forma NOI $145,053
Price per SqFt $230
Year Built 1957
Lot Size (SqFt) 16,841
Multifamily | 14 Units | $167,857/unit
Marketing description
Good Cash Flow! 14 Units, Property in Good condition, 100% occupied, Exterior freshly painted along with completed repairs, updated electrical, most units are updated, see rent roll attached, parking on the property and on the street. Local shopping, schools, freeway, transportation within one mile. A Must See!
Listing Contacts
Listed by Arriaga Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$124,965.00
$10,413.75/mo
Valuation Metrics
0
DSCR
5.32%
Cap Rate
5.32%
ROI
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