10610-40 W 7th Place

Status: Active

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

 
 

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