7.67% CAP, $36,454 NOI

Remarkable opportunity in this well managed, good performing and well maintained 6-plex with 7 private garages/storage units rented separately for additional income. A mix of 2-one bedroom units, 3-two bedroom units, and 1-three bedroom unit. Shared common courtyard and grounds. Owned on-site coin-operated laundry. Great location; close in and convenient to everything.

Financials:

Net Op Inc: $36,454 Gr Adj Inc: $56,544 Gr Sch Inc: $56,544 Ttl Mnth Inc: $4,712
Ins Exp: $2,240 Wtr Sw Grb: $5,142 Gr Rnt Mlt: 8% Ttl Exp: $20,089
Vac Rate: Cap Rate: 7.67%

Unit Breakdown:

Unit #: 1623 Beds: 1 Baths: 1 SF: Rent: $625 # Fp:
Rng/Ovn: Yes Refr: Yes Dish: No Wash/Dry: No

Unit #: 1625 Beds: 2 Baths: 1 SF: Rent: $645 # Fp:
Rng/Ovn: Yes Refr: Yes Dish: No Wash/Dry: No

Unit #: 1627 Beds: 2 Baths: 1 SF: Rent: $650 # Fp:
Rng/Ovn: Yes Refr: Yes Dish: No Wash/Dry: No

Unit #: 1629 Beds: 3 Baths: 1 SF: Rent: $700 # Fp:
Rng/Ovn: Yes Refr: Yes Dish: No Wash/Dry: No

Unit #: 1631 Beds: 2 Baths: 1 SF: Rent: $650 # Fp:
Rng/Ovn: Yes Refr: Yes Dish: No Wash/Dry: No

Unit #: 1633 Beds: 1 Baths: 1 SF: Rent: $650 # Fp:
Rng/Ovn: Yes Refr: Yes Dish: No Wash/Dry: No