10610-40 W 7th Place
Status: Under contract
List Price: $2,640,000
Units: 12 Units
CAP Rate:
Current: 3.83%
Pro Forma: 5.43%
NOI:
Current: $101,196
Pro Forma: $143,339
Unit Mix
Four Large One- Bedrooms, Eight Large Two-Bedrooms
Investment Highlights:
Significant Upside Through Light Renovations
Implement RUB System
Income Producing Laundry
Easy Access to 6th Ave
Ample Off-Street Parking, 1:1 Parking Ratio
Two Large Storage Sheds With Income Potential
Updated Flooring, Kitchens, and Bathrooms in
Select Units
Generous Floor Plans
Landscaped Courtyard
Solid Brick Construction
Sprinkler System
Very Well Maintained
Complimentary Asset Valuation
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