GREAT INVESTMENT OPPORTUNITY 100% RENOVATED BUILDING. 8-UNIT MULTI-FAMILY. FEW MILES TO THE BEACH.
Income: $159,600, cap rate 4.53%, NOI $99,601.
Pro forma income: $172,800, cap rate 5% NOI $109,891.
Fully tenant occupied with annual leases. Four large 1/1’s and Four 1/1’s with all updated interior and exterior, new roof , impact doors and window, New central AC, etc…
Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets.
Offering Memorandum, Rent Roll and financials available on request.