- Asking
$8,400,000
-
Asking $133,333 per Suite
-
Well Maintained Building
-
Recent Improvements include
Balcony Railings & Waterproofing, Irrigation System,
and New Water Main
-
Suites Feature Larger than
Average Bedrooms
-
Potential to Submeter
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- 17
x One Bedrooms
35 x Two Bedrooms
11 x Three Bedrooms
-
Upside on Rents - Many Rents Well Below Market
-
Long Term Owner (1960's)
-
Some Excess Land at Rear
-
5.2% CAP Rate
- 19.6%
R.O.I.
-
Treat Financing as Clear
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