16-unit condominium portfolio, one block from Bishop Arts. 15 of 16 units leased on 12–24 month terms with zero month-to-month exposure. $244,800 gross scheduled income at full stabilization. 6.9% cap rate at asking price of $2,750,000.
Individually metered utilities. Tankless water heaters throughout. Full renovation complete with no deferred maintenance, and no capital requirements at closing.
OM available in the transaction desk.
This is for 435 and 439 W 9th St.
3,040 Sq Ft
5,270.76 Sq Ft Lot Size
apartment
Built in 1925
MLS/Listing ID 21318003
16 Units
Walk-in Closets
Open Floor Plan
Multiple Staircases
Kitchen Island
Granite Countertops
Eat-in Kitchen
Lot - Corner Lot
Parking - Paved
Parking - Parking Pad
Parking - Parking Lot
Parking - On Street
Parking - No Garage
Parking - Common
Composition
Shingle
Refrigerator
Electric Oven
Dishwasher
Construction - Vinyl Siding
Construction - Brick
Cooling - Other
Laminate
Slab
Heating - Other
Water Heater
TOTAL MONTHLY COST
$0
$0
$0
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