7257 S Princeton Avenue Multifamily Investment
12-unit Multifamily Investment
Marketing description
Investment highlights
Investment Highlights
HIGHLIGHTS
• High-yield investment with a 9.97% in-place cap rate
• Strong in-place cash ow with $82,160 NOI
• Below-market rents, approximately 10–12% achievable upside through gradual
rent adjustments over time.
IMPROVEMENTS
Newer boiler, updated hot water storage tanks, modernized copper plumbing,
upgraded windows, and newly constructed porches that meet current code
requirements.
OPERATIONAL VALUE-ADD OPPORTUNITY
The property is currently operating below market rents, presenting a clear
opportunity for revenue growth.
A gradual, unit-by-unit rent increase strategy
aligned with lease expirations allows for steady income growth while maintaining
stable occupancy.
CURRENT VS. MARKET RENTS
Average Current Rent: ~$1,100/unit
Estimated Market Rent: $1,250–$1,400/unit
Total Upside: ~20–27% (realized over time)
UPSIDE STRATEGY
Increase rents gradually through natural lease turnover, maintaining occupancy
and minimizing tenant disruption.
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