Listed by LOYD Realty
$119,900
Cash Cow Triplex
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 1,890
Units 3
Cap Rate 22.56%
NOI $27,052
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Pro-Forma Cap Rate 22.56%
Pro-Forma NOI $27,052
Price per SqFt $63
Class B
Year Built 1930
Buildings 2
Acreage 0.200
Parking Spaces spaces
Investment Type Value Add
Sale Condition For sale by owner
Affordable Investment with Strong Potential
Marketing description
INSANE OPPORTUNITY!!!
3 units. 2 x 2bed/1bath units and 1 x studio apartment. Front units are freshly rehabbed and rent ready. Back studio needs TLC. New central HVAC systems installed last year. PROPERTY WILL GENERATE A 22%+ NET RETURN ON INVESTMENT!! $30k IN INSTANT EQUITY!!! Front units rent easily for $1000 each, and back unit rents easily for $700.
Property management and financing is available!!
Looking for OFF-MARKET properties?? Visit our website: www.loydrealty.com/properties !!!
Investment highlights
Listing Contacts
Listed by LOYD Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,052.00
$2,254.33/mo
Valuation Metrics
0
DSCR
22.56%
Cap Rate
22.56%
ROI
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