24 Unit Multi-Family 4-Plex Portfolio For Sale:
Stable Investment Opportunity
Price: $3,119,000
Price per Unit: $129,958
NOI (as-is): $176,000
Cap Rate: 5.64%
GRM: 10.88
Gross Building(s) Size: 18,630 +/- sf
Strong rental market with low vacancy
Great Northeast Heights locations
Individually metered for gas and electric (Towner has one gas meter for each 4-plex)
Improvable rents
Close proximity to schools, shopping, restaurants and many other amenities.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT METRO COMMERCIAL REALTY, INC FOR MORE DETAILS.
10901 Towner Avenue NE
Two 2 bd/1 bth & Two 1 bd/1 bth
Approx. 3,100 sf
Shared Laundry room between 10901 & 10905
10905 Towner Avenue NE
Two 2 bd/1 bth & Two 1 bd/1 bth
Approx. 3,100 sf
Shared Laundry room between 10901 & 10905 Towner Avenue NE
11009 Towner Avenue NE
Two 2 bd/1 bth & Two 1 bd/1 bth
Approx. 3,100 sf
Shared Laundry room between 11009 & 11013
11013 Towner Avenue NE
Two 2 bd/1 bth & Two 1 bd/1 bth
Approx. 3,100 sf
Shared Laundry room between 11009 & 11013
12712 Constitution Avenue NE
Four 2 bd/1 bth
Approx. 3,200 sf
Shared Laundry
812 Chelwood Park NE
Three 2 bd/1 bth & One 3 bd/1 bth
Approx. 3,068 sf
Laundry in each unit
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT METRO COMMERCIAL REALTY, INC FOR MORE DETAILS.