Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Metro Scape Realty LLC
Rare opportunity to acquire 10 newly finished studio apartments, each with its own individual HVAC system, modern kitchen with stainless steel appliances, quartz countertops, and stylish bathrooms.
Description
Rare opportunity to acquire 10 newly finished studio apartments, each with its own individual HVAC system, modern kitchen with stainless steel appliances, quartz countertops, and stylish bathrooms. Bright, open layouts maximize natural light and feature high-quality finishes throughout, providing move-in-ready comfort and long-term appeal.
Currently fully vacant, these units offer investors a turnkey opportunity with strong rental potential. At full occupancy, projected gross income is $24,040/month ($288,480/year), resulting in a potential market capitalization (cap rate) of ~8.2% at the asking price of $3.2M.
Amenities
- Cable - Available
- Electricity Connected
- Phone Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
