Listed by LOYD Realty
$419,900
1116 Ash Ave
Details
APN 061A-01-005.000
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 9,780
Units 12
Cap Rate 19.04%
NOI $79,941
Occupancy 100%
Pro-Forma Cap Rate 19.04%
Pro-Forma NOI $79,941
Price per SqFt $43
Class B
Year Built 1954
Buildings 6
Stories 1
Acreage 1.600
Parking Spaces 1 per unit
Investment Type Value Add
Sale Condition For sale by owner
Affordable Living in a Quiet Setting
Marketing description
AWESOME 12 UNITS!!!
6 duplexes on one parcel. Solid Brick. 4 x 3bed/1bath, 6 x 2bed/1bath, 2 x 1bed/1bath. Separate electric, water and gas meters. Units rent for $800, $700 and $600. Nice tenants. WILL GENERATE A 19%+ NET RETURN ON INVESTMENT!!!! Landlord friendly state. Do not miss out on this opportunity.
Property management and financing is 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
$79,941.00
$6,661.75/mo
Valuation Metrics
0
DSCR
19.04%
Cap Rate
19.04%
ROI
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