Listed by LOYD Realty
$405,000
Gray Apartments
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 8,540
Units 16
Cap Rate 17.67%
NOI $71,545
Occupancy 100%
Pro-Forma Cap Rate 17.67%
Pro-Forma NOI $71,545
Price per SqFt $47
Class B
Year Built 1920
Buildings 1
Acreage 0.500
Parking Spaces per unit
Investment Type Value Add
Sale Condition For sale by owner
Affordable Homeownership Starts Here
Marketing description
CHEAP 16 UNITS!!!
Solid brick. Good occupancy. Separate electric meters. City water and sewer. Inexpensive to operate and maintain. Perfect rentals. PROPERTY WILL GENERATE A 17.64% NET RETURN ON INVESTMENT!!! Do not miss out on this amazing opportunity.
Property management and financing available!
Looking for OFF-MARKET properties?? Visit our website: www.loydrealty.com/properties !!!
Listing Contacts
Listed by LOYD Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,545.00
$5,962.08/mo
Valuation Metrics
0
DSCR
17.67%
Cap Rate
17.67%
ROI
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