Unit Mix: 43 residential (24 studios, 19 1BR) + 2 commercial
Occupancy: 95%
Price: 1.85M
Appraised Value (2023): $2,700,000 ( Have appraisal)
AS-IS FINANCIALS (Trailing 12)
NOI: $210,858
Cap Rate (As-Is): 10.5%
Cash-on-Cash (25% Down, 7% Loan): ~16.8%
Avr Rent: $643
Monthly Gross Income: ~$26,600