Developers added value, room to add more units. This 6-unit apartment building sits at the end of Ivy Lane. Units consists of 5,542 rentable square feet and is situated on 18,000+ square foot lot. Features include 11 garages, 4 storage units and 15 open parking spaces with on-site laundry. The unit mix consists of (1) 4-bedroom/3 bath house, (1) 3-bedroom/2.5 bath townhome and (4) 2-bedroom/1bath units. Garages and storage units rent separately for added income. Imperial Beach is in high demand, these low maintenance units offer a 4.55 CAP rate and upside potential. This is a great opportunity to own units near the ocean at this price and cap rate. 3 of the units have yard areas, great mix and easy to rent. See Available brochure.
|DAYS ON MARKET||47||LAST UPDATED||1/7/2020|
|YEAR BUILT||0||COMMUNITY||IMPERIAL BEACH|
|GARAGE||Garages, Spaces, Yes|
|PARKING||Total Spaces: 26|
TOTAL MONTHLY PAYMENT
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