PROPIEDAD EN VENTA
Est. mensual: $13,094 Recalcular
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Multifamiliar (2-4 unidades)Número de MLS: #CV24238095
For information on this apartment building, please call/text Nick Abbadessa: 909-292-7888Great opportunity to purchase a 14 unit apartment building near downtown Covina. The building offers eight 2-bedroom/1-bathroom units and six 1-bedroom/1-bathroom units. The exterior has been recently and completely repainted, and the parking and asphalt areas have been fully redone. The property features manicured grounds with a spacious interior courtyard for residents to enjoy.
One of the two-bedroom units is completely remodeled and currently unrented, with an estimated rental income of $2,200 per month. The remaining seven two-bedroom units are currently rented at $1,400 per month, and the one-bedroom units are rented at $1,240 per month.
The current gross income is $239,520, and with rent increases due in May, this will rise to $257,725.44. The operating income, factoring in the new property taxes at a rate of 1.25%, will be $69,225.60. Calculating with a 3% vacancy rate, the cap rate for this building is currently at 4.4%, which, with the upcoming rent increases in May, will increase to 4.9%.
Características de la propiedad
| Antigüedad: | Más de 50 años de antigüedad |
|---|---|
| Amenidades: | Puerto, Sistema de riego |
| Equipamiento: | Triturador de residuos, Cocina, Cocina - a gas |
| Estilo arquitectónico: | Otro |
| Sistema de refrigeración: | Equipos de aire acondicionado de ventana |
| Tipo de fachada exterior: | Estuco |
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