Baird & Warner
Listed by Baird & Warner
$949,999
7101 W 99th Street
Details
APN 24073000100000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $64,374
Year Built 1972
Stories 3
Acreage 0.180
Zoning MULTI
Multifamily | 6 Units
Marketing description
Exceptional investment opportunity! This fully occupied 6-unit multifamily building offers immediate cash flow from the day of closing. Well maintained and consistently rented, the property features roof (2013), hot water heater (2013), newer windows (2012), and mostly updated/remodeled apartments that show very well. Strong rental demand has resulted in quick lease-ups, with the on-site rental sign generating a steady stream of prospective tenant inquiries. Additional income is provided by the coin-operated laundry. A true turnkey investment with stable rental income, low vacancy history, and value-add potential through future rent increases. Conveniently located near shopping, dining, public transportation, and major expressways, making it an attractive option for tenants. Don't miss this excellent opportunity to add a solid income-producing asset to your portfolio.
Listing Contacts
Baird & Warner
Listed by Baird & Warner
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,374.00
$5,364.50/mo
Valuation Metrics
0
DSCR
6.78%
Cap Rate
6.78%
ROI
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Property History
Tax History
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