JT Real Estate Group
Listed by JT Real Estate Group
$3,150,000
357 Mathilda Drive
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,864
Units 10
Cap Rate 3.50%
NOI $110,234
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 5.33%
Pro-Forma NOI $167,834
Price per SqFt $648
Class C
Year Built 1974
Lot Size (SqFt) 10,018
Parking Spaces 12 spaces
Parking Per SqFt 2.47
Investment Type Value Add
Multifamily | 10 Units | $315,000/unit
Marketing description
10 unit apartment building with most existing rents approximately 78% of market rents
Investment highlights
- 10 unit apartment building with most existing rents approximately 78% of market rents
- Located in Ellwood Mesa area of Goleta
- Close to UCSB and several business parks
Listing Contacts
JT Real Estate Group
Listed by JT Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,234.00
$9,186.17/mo
Valuation Metrics
0
DSCR
3.5%
Cap Rate
3.5%
ROI
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