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$4,750,000 34 Apartment Building Cash Cow in Richmond, Ca (richmond / point / annex)

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license info: 02005698
34 Unit Apartment Building

Richmond, Ca

-Located In Close Proximity To Dining, Shopping, and Richmond BART.
-Property Features Private Security Gate, And Recreation Area.
-Situated On A Massive 29,500 SqFt Lot.
-Over $140K In Annual Loss To Lease.
-Opportunity To Implement A Ratio Utility Billing System Program As Units Turnover.
-ADU Potential
-6.82% current cap rate / 9.52% proforma cap rate
-8 current GRM / 6.5 proforma GRM

Email show contact info for more details and offering memorandum.

Hanna John Azar
#02005698

post id: 7746729050

posted:

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