Current Rent Roll
Regarding the building size, permit and zoning buyer and buyer’s agent should verify all info and are strongly advised to do full due diligence.
Unit 9138 (Liquor Store) rent $2700 from 10/1/2026, Security deposit $5400, Lease start date: 10/1/2026. Lease end date: 9/30/2031, Option 5 years, Building size 1020 sqft, price/sqft $6.647
Unit 9140 (2beds & 1bath), rent $1800, lease starts date 3/31/2021, lease ends date: month to month now, option done, building size 600 sqft, price/sqft: $3, garage 2,
Total rent: $4500, price/sqft $2.78, $54000/year rent
Utilities & expenses & tax & insurance
Water: paid by residential tenant
Trash (commercial bin) Paid by liquor store
Electric: Separately metered for both units
Property tax: owner pay
Fire insurance: owner pay
Property tax: $10162/year
Insurance: $847/month
Sale $1,050,000
Tax: $14500/year
INS: 5000/year
NOI: $34500
CAP RATE 3.73%
PRO FORMA
Liquor store rent: $3038
2bed residential rent $2500
ADU rent $1500
Total $7038/month
Tax $10500
INS $4200
Total income $84456
Total expense $14700
NOI $69756
Cap=NOI /price : 6.64%