Property Details
Year Built: 1921
Units: 21
Price / Unit: $139,762
Price / SqFt: $334.66
CAP: 4.63%
GRM: 12.46
Executive Summary
- Value-Add Opportunity – Pro Forma CAP Rate Above Seven Percent
- Unique Architecture in Emerging Westlake Area
- Two Separate Structures – One 18-Unit Building (All Singles) and a Triplex
- Triplex Features Massive Two-Bedroom/One-Bathroom + Den with Two Balconies
- Triplex Plumbing was Replaced to Copper Plumbing
- Separately Metered Gas and Electric – Electric Panels Replaced 2002
