16 Unit Multi-Family 4-Plex Portfolio For Sale:
Stable Investment Opportunity
Price: $1,800,000
Price per Unit: $112,250
NOI (as-is): $106,908
Cap Rate: 5.94%
GRM: 9.78
Gross Building(s) Size: 12,392 +/- sf
Strong rental market with low vacancy
Great Northeast Heights locations
Individually metered for electric; gas is one gas meter for each 4-plex prorated in the rent
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
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT METRO COMMERCIAL REALTY, INC FOR MORE DETAILS.