Total Square Footage: 15,600 SF
2242 East: 6,000 Sq. Ft.
2 Units Currently, Can Be 5
2250 East: 9,600 Sq. Ft.
6 Units Currently, Can Be 8
Year Built: 2006
Total Size: 1.59 Acres
ProForma NOI @ $28/SF NNN: $436,800.00
Less Vacancy (5%): $22,000.00
Less Reserve (3%): $13,104.00
Net Operating Income: $401,696.00
ProForma CAP Rate: 8%