Listed by Malman Real Estate
$950,000
4064 South Broadway
Details
Property Type Retail
Square Footage 7,852
Units 6
Cap Rate 8.82%
Tenancy Multi
Pro-Forma Cap Rate 10.89%
Price per SqFt $121
Broker Co-Op True
Buildings 2
Stories 2
Parking Spaces 6 spaces
Parking per 1,000 SqFt 0.76
Ground Lease No
Mixed Use Opportunity (Retail + Residential)
Investment highlights
- Mixed Use Opportunity with three apartment units and one ground floor retail space
- 8.82% current cap rate and proforma 10.89% cap rate
- Three apartment units and one ground floor retail space
- Six parking spaces in the rear (Concrete parking lot recently)
- Roof and HVAC recently replaced and under warranty
- Power recently upgraded
- City is widening Broadway right outside the property, creating more parking and planter boxes
- High visibility on South Broadway with many amenities nearby
Listing Contacts
Listed by Malman Real Estate
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