📣📣📣📣📣 8 plex near Seattle...8% cap rate 💵💵💵💵💵
This rare opportunity to get a 8 unit multi family in Tacoma that has a cap rate of 8.2% .Numbers below represent all of 2017 and has been 100% occupied. Ability to increased income through utility and rent increases. Easy to underwrite because it is actually 2 parcels that are both 4 plexs(2 properties wi/ 4 units on each). Will go fast !
- Total Monthly Income: $6,911
- Gross Scheduled Income: $82,932
- Gross Adjusted Income: $82,932
- Net Operating Income: $67,987
- Insurance Expenses: $2,496
- Other Expenses: $14,873
- Total Expenses: $17,369
Offering