3 Income Stream Investment

Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 597,500.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 7,076
Date Available 12/22/2018
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Floors 2
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SELLER WANTS A QUICK SALE. Beautiful Restaurant Renovation & 7 newly renovated apartments with metered utilities. Priced to Sell - Bring Offers to Buy Multiple Business Operations!!!!!
Now Renting New Updated Top Quality Finished Apartments. Seven 1 Bedroom Apartments with a $68,640 Proforma Rent Roll. Storage Units generate $32,000 Annually. Lots to Like and multiple Incomes to Rely On.

GREAT INVESTMENT PROPERTY IN MONTICELLO CASINO CORRIDOR!!! 7 Apartments with 37 Unit Storage Business & Top- Shelf Restaurant Included. Restaurant renovated throughout 2 years ago. Including some equipment, new bathrooms, commercial kitchen, bar, tables, flooring, outdoor dining area, sign systems, cable wiring all fully renovated. Restaurant operator tragically left the county. True restaurant people will appreciate this Modern/ Mediterranean Design. Apartments /7 - 1 Bedroom- Fully Renovated. 3 expanded 1 bedroom/ 4 standard 1 bedrooms apartment. All rooms have metered electric, new bathrooms and new kitchens. Projected CAP rate on all existing units 14%. Bring best offers.

High Commercial Use Property. 3 Well Developed Income Streams to Work With!!! Multifamily Residential, Restaurant In Central Business District, and Storage Rental Business All Included