Description
Investor's Alert - This is a DISCOUNTED Package Deal. Four Units being sold (#7, #12, #23, #27) - all at once at the discounted price of $80,000 each. (Average Sale Price Units These Sizes = $100,000 to $110,000). Gross Rents Collected 2019 = $48,804.14. Net Rents (no mortgages on units) = $25,863.60 after all expenses including Rental Program Expenses. Net "cash on cash" ROI at $320,000 purchase price = 8.07%. Building has on-site required rental program, heated pool, fantastic 9th & Ocean Avenue location. Units for sale individually (#7, #12, #27) at $115,000. UPDATE: Gross Rents Collected 2020 Summer (COVID-19 Summer - opened 6/1/20 and closed 9/30/20 + Winter 20-21 Rental) = $37,285.86. Net Rents 2020 = $16,210.49 (after all expenses including rental program). See Associated Docs for more info.
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1BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
School Ratings & Info
Description
Investor's Alert - This is a DISCOUNTED Package Deal. Four Units being sold (#7, #12, #23, #27) - all at once at the discounted price of $80,000 each. (Average Sale Price Units These Sizes = $100,000 to $110,000). Gross Rents Collected 2019 = $48,804.14. Net Rents (no mortgages on units) = $25,863.60 after all expenses including Rental Program Expenses. Net "cash on cash" ROI at $320,000 purchase price = 8.07%. Building has on-site required rental program, heated pool, fantastic 9th & Ocean Avenue location. Units for sale individually (#7, #12, #27) at $115,000. UPDATE: Gross Rents Collected 2020 Summer (COVID-19 Summer - opened 6/1/20 and closed 9/30/20 + Winter 20-21 Rental) = $37,285.86. Net Rents 2020 = $16,210.49 (after all expenses including rental program). See Associated Docs for more info.
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