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Updated over 7 years ago on . Most recent reply

User Stats

100
Posts
37
Votes
David Roque
  • Investor
  • San Diego, CA
37
Votes |
100
Posts

8 Units for Sale...6.9% cap rate

David Roque
  • Investor
  • San Diego, CA
Posted

For sale 7 units and a SFR, there are four- 1bd/1ba, threee- 2bd/1a and a 3bd/1ba house all on one property. Asking price is $620,000, $5900/mo gross income and a 6.9% cap rate. Owner will finance $50K...YOU put dowpayment of $74K and YOU get loan of $496K.


Property is located in Visalia CA. Address is 4406 and 4350 W Myrtle Ave Visalia CA. Developing neighborhood, plenty of new development, near shopping center and easy highway access. 

Offering

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