
GLS Real Estate Inc
Listed by GLS Real Estate Inc
$6,200,000
6050 SW 27th Street
Details
APN 514125041330
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 21,671
Units 24
NOI $370,340
Year Built 1977
Buildings 1
Stories 2
Acreage 0.880
Zoning RM4
Parking Spaces 36 spaces
Parking Per SqFt 1.66
Ownership Corporation
Multifamily | 24 Units
Marketing description
Exceptional opportunity to own residential building with stable, long term revenue. Situated on large 38,482 SQFT lot with private pool. Two Story building with comfortable 21,671 SQFT living space consist of 9 large two Bedroom units and 15 One Bedroom units. 100% Occupied with long term Tenants and owner managed. Each unit have assigned parking space and there is some quest parking too, total of 36 spaces. Onsite 2 washers and Dryers for additional income to the Landlord. Few units are renovated. If the new owner want to make more improvements on the property potentially rent could be increased. There is plenty of storage space (4) including 'shop' and office and one bathroom at common area. Property is located little west of 441. Please do not disturb the Tenants, visit by appointment Owner have plans that show possibility to add 4 additional units
Listing Contacts

GLS Real Estate Inc
Listed by GLS Real Estate Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$370,340.00
$30,861.67/mo
Valuation Metrics
0
DSCR
5.97%
Cap Rate
5.97%
ROI
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