24 Unit Multi-Family 4-Plex Portfolio

24 Unit Multi-Family 4-Plex Portfolio For Sale:

• 10901 Towner Avenue NE 
  • Two 2 bd/1 bth & Two 1 bd/1 bth 
  • Approx. 3,100 sf
  • Shared Laundry room between 10901 & 10905
• 10905 Towner Avenue NE
  • Two 2 bd/1 bth & Two 1 bd/1 bth
  • Approx. 3,100 sf
  • Shared Laundry room between 10901 & 10905 Towner Avenue NE
• 11009 Towner Avenue NE 
  • Two 2 bd/1 bth & Two 1 bd/1 bth
  • Approx. 3,100 sf
  • Shared Laundry room between 11009 & 11013
• 11013 Towner Avenue NE 
  • Two 2 bd/1 bth & Two 1 bd/1 bth
  • Approx. 3,100 sf
  • Shared Laundry room between 11009 & 11013
• 12712 Constitution Avenue NE 
  • Four 2 bd/1 bth
  • Approx. 3,200 sf
  • Shared Laundry
• 812 Chelwood Park NE
  • Three 2 bd/1 bth & One 3 bd/1 bth
  • Approx. 3,068 sf
  • Laundry in each unit

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT METRO COMMERCIAL REALTY, INC FOR MORE DETAILS.

Stable Investment Opportunity

• Price: $3,300,000
• Price per Unit: $137,500
• NOI (as-is): $176,000
• Cap Rate: 5.33%
• GRM: 11.51
• Gross Building(s) Size: 18,630 +/- sf
• Strong rental market with low vacancy
• Great Northeast Heights locations
• Individually metered for gas and electric (Towner has one gas meter for each 4-plex)
• Improvable rents
• Close proximity to schools, shopping,  restaurants and many other amenities