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8.5% Cap Rate 5-Unit Apartment

Listing was updated at: 06/04/2019
8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment 8.5% Cap Rate 5-Unit Apartment

Property Overview

Price/Rent PSF $ 425,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 4,320
Date Available 05/23/2019
Additional URL Link
Floors 2
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Description

Location
Off Exit 16 Rte I-93

Sale
Superior well-cared for 5-family with excellent cash flow and many improvements. $51,750 Gross Income with 8.5% Cap Rate. Interior upgrades, newer front deck, newer gas heat system, circuit breakers, newer high efficiency gas furnace. New windows, storm doors and exterior siding with large side deck for tenant use. Three 2 Br units and two 1 Br units. Large off street parking lot with easy highway access to exit 16 route 93.

Location

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