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Updated about 8 years ago,

User Stats

17
Posts
5
Votes
Angel Reyna
  • New to Real Estate
  • Pico Rivera, CA
5
Votes |
17
Posts

Is this worth the time and money?

Angel Reyna
  • New to Real Estate
  • Pico Rivera, CA
Posted
Price: $15,500,000 No. Units: 71 Building Size: 54,454 SF Price/Unit: $219,014 Property Type: Multifamily Property Sub-type: Mid/High Rise Property Use Type: Investment Cap Rate: 5.03% Gross Rent Multiplier: 11.60 No. Stories: 2 Year Built: 1965 Lot Size: 2.09 AC Parking Ratio: 1.74 / 1000 SF Non-Rent Control Market 49 out of the 71 Units are Renovated Market CAP Rate 5.03% Market GRM 11.60 Gated Carport Parking with 93 Parking Spaces Centrally Located Near Schools and Shopping Centers Is this worth it? If so, how could I convince an investor? All the information is from Loopnet Btw

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