OFFERING SUMMARY
List Price:
$9,700,000
Number of Units:
16
Price/Unit:
$606,250
Price/SF:
$782.26
Cap Rate:
4.50%
GRM:
14.52
NOI:
$436,120
Status:
Active
Investment Highlights:
Highly Coveted Ocean Beach Location A Bit Over A Block From The Ocean
All Large 2-Bedroom /1-Bath Units Approximately 775 Square Feet
Fully Remodeled Interiors & Exteriors 2021-2022
All Units Include Washer/Dryers & Access To Private Replastered Pool
In-Unit PTAC A/C And Heating Throughout Property
Tenants Pay Majority Of Utilities | Low Maintenance Building
11 Off-Street Parking Spaces & 11 Storage Units
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