Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history.
The property is currently 100% occupied. Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOI, based on January through July 2026 operations.
Investment Highlights:
- 10 2 bed/1 bathroom units
- Recently stabilized and 100% occupied
- Utility reimbursement upside: Ownership currently absorbs certain utility costs, including water, creating an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS).
Financials and rent roll available upon request.
Broker of Record: Sarah Virani (622119)