Property Facts:
Sale Price: $2,800,000
Number of Units: 9
CAP Rate: 5.09%
INVESTMENT HIGHLIGHTS
- 1031 Exchange Buyer Sourced Through Network
- Non-Contingent, 17 Day Escrow
- Desirable 1989 Construction
- Excellent Unit Mix Consisting of (4) 3 Bed/ 2 Bath Units and (5) 2 Bed/ 2 Bath Units
- 45% Upside in Rents & First Time on Market in 28 Years
- Opportunity to Add ADU’s to Property to Further Maximize Cash Flow