JT Real Estate Group
Listed by JT Real Estate Group
$2,150,000
516 W. Junipero Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,670
Units 7
Beds 6
Cap Rate 2.72%
NOI $58,441
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.06%
Pro-Forma NOI $130,236
Price per SqFt $586
Class C
Year Built 1964
Lot Size (SqFt) 7,405
Parking Spaces 7 spaces
Parking Per SqFt 1.91
Investment Type Value Add
Multifamily | 7 Units | $358,333/unit
Marketing description
Well located, 6 unit apartment building. With existing rents approximately 59% of market rents
Investment highlights
- Located across the street from Cottage Hospital in Santa Barbara
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
$58,441.00
$4,870.08/mo
Valuation Metrics
0
DSCR
2.72%
Cap Rate
2.72%
ROI
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