Sample listingEight-Unit Building on 5th
Stabilized income property, all units leased
Price$2.4M
Sq ft7,200
Units8
Midtown
Eight two-bedroom units, fully leased, separately metered. Recent roof and common-area updates. Rent roll and expenses available to qualified buyers.
Highlights
- 8 x 2-bed units
- Separately metered
- Roof replaced recently
- On-site laundry
The numbers
- Asking price
- $2.4M
- Estimated gross rent
- $17,600/mo
- Stated cap rate
- 6.1%
- Gross rent multiplier
- 11.4×
- Year built
- 2008
Figures are as stated by the seller or estimated from comparable rents. Verify before you rely on them; rent roll and expenses go to qualified buyers on request.
