Description
SELLER MOTIVATED!! $250,000 Price Reduction. 70% upside in Rents (levelled with highest rent). Market rents may be higher. 7.84 CAP rate and 7.75 GRM at Levelled Rents! Expenses are approximated. Buyer is to verify all Expenses and Rent Roll. Maintenance & Repairs are approximated at 5% of Gross Income. Seller's actual bookkeeping may show higher due to included Capitalization Expenses. One of the Agent's is an Owner and is related to the other Owners. One Owner is a CA RE Broker and one a CA RE Agent. Property is being sold in As Is & Where Is condition. Buyer to cooperate with Seller's 1031 Exchange.
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 25th September, 2023 8:19 PM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 25th September, 2023 8:19 PM (UTC)
Listing Agent: David Brumer
Listing Office: Barcode Properties
