10-UNIT MULTIFAMILY INVESTMENT PORTFOLIO | 7.5% CAP RATE | $146,052 GROSS INCOME
Excellent opportunity to acquire a 10-unit multifamily portfolio consisting of two separate 5-unit apartment buildings. Offering approximately 10,817 square feet of combined building area, a strong mix of one- and two-bedroom apartments, and established rental income, this portfolio provides investors with immediate cash flow and long-term investment potential.
INVESTMENT HIGHLIGHTS
10 Total Residential Units
Two 5-Unit Multifamily Buildings
$146,052 Gross Annual Income
7.5% Cap Rate**
Approximately 10,817 SF Combined**
Diverse mix of studio, one-bedroom and two-bedroom apartments
Tenant-paid utilities at the Sparkill Avenue property
Established income-producing multifamily portfolio
Opportunity to acquire two properties in one transaction
SPARKILL AVENUE – 5 UNITS | 6,608 SF
The Sparkill Avenue property contains approximately 6,608 square feet and features a desirable unit mix consisting of:
4 Two-Bedroom Apartments
1 One-Bedroom Basement Apartment
Tenants pay their own utilities, helping control ownership expenses and enhance the property's income-producing potential.
SECOND BUILDING – 5 UNITS | 4,209 SF
The second property contains approximately 4,209 square feet and offers:
3 One-Bedroom Apartments
1 Two-Bedroom Apartment
1 Studio Apartment
The varied apartment mix provides multiple rental price points and broad tenant appeal.
THE OPPORTUNITY
With 10 existing apartments, $146,052 in annual gross income and a 7.5% cap rate, this offering provides investors with the opportunity to acquire immediate scale without having to assemble multiple individual properties.
The portfolio's combination of established rental income, diversified unit mix and approximately 10,817 square feet of residential space makes it an attractive acquisition for investors seeking cash flow, portfolio expansion and long-term multifamily ownership.
Two Buildings. Ten Units. One Investment Opportunity.
Financial information and additional property details available to qualified buyers.