Featured Under Contract
Value-Add, Redevelopment Opportunity ±51% Upside in Rents.
  • $2,600,000

Overview

  • Multifamily
  • Property Type

Description

MUTOOF® is pleased to present 8-Unit Apartment Building with Huge Value-Add Opportunity and Redevelopment Potential in the heart of the Mid City. Huge Value-Add Opportunity ±51% Upside in Rents. ±13.11% Proforma CAP Rate. ±6.18 Proforma GRM. Huge Upside Redevelopment Potential TOC Tier 3 location that allows increased residential density.

Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer’s agent to verify all information regarding the property to their full and complete satisfaction.

Details

Updated on March 16, 2024 at 3:37 am
  • Price: $2,600,000
  • Property Type: Multifamily
  • Property Status: Under Contract

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