Closed

The Alexan

$3,400,000

Property Details

Year Built: 1992
Units: 18
Price / Unit: $188,889
Price / SqFt: $238.60
CAP: 5.25%
GRM: 11.52

Executive Summary

  • Non Rent Control Asset Built in 1992
  • Most Units Have Been Completely Remodeled, Including Granite Countertops, Stainless Steel Appliances and New Cabinetry
  • 25 Gated Parking Spaces for 18 Units
  • Buyer Can Either Assume Existing Loan or Source New Financing for Purchase
  • Attractive Unit Mix of 17 Percent Singles, 33 Percent One-Bedrooms and 66 Percent Two-Bedroom layouts

Property Location

Unlock Your Asset’s Potential

Whether you’re transitioning an asset, growing your portfolio, or simply need advice about your options, we’re here to walk you through next steps with confidence.