Description
Eight units (3 AirBnB, 5 long term tenants) with 8.25% IN PLACE cap rate. Levered ROI @ 15% with 25% down. New electrical meters and many renovated units. Solid value with architect study showing additional 4 ADU units possible for buyer. Projected $100k NOI for 2025.
$1,177,000
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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3,600SQFT
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$327$/SQFT
School Ratings & Info
Description
Eight units (3 AirBnB, 5 long term tenants) with 8.25% IN PLACE cap rate. Levered ROI @ 15% with 25% down. New electrical meters and many renovated units. Solid value with architect study showing additional 4 ADU units possible for buyer. Projected $100k NOI for 2025.
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Listing courtesy of Adam Mcclure of PORTIA+ROHM REALTY: .