Multiple Capital Improvements Made to This Property, CBS - Multi-Family Property 2 Parcels Side by Side, 4211 Parker Ave (8 Units) & 908 Alamanda Road (2 Units), 10 Units Total. Property has 8 - 1 Bed / 1 Bath Units & 2 - 2 Bed / 1 Bath Units, Rents can be raised average Rent is $1,500-$1,600, This is a Value Add Property in a Great Area. All Tenants Pay Electric, Separate Meters, 1 House Meter, 1 Water Meter Per Building, Coin Opp Laundry in Place too. Bring Offers This Property Wont Last Long, True 6% Cap Rate, You Can Turn Into a 7.5% Cap Rate just by raising 3 Units Rents to Current Market Value. Gross Income = $165,000, Pro-Forma = $192,000.
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