Pittsburgh Area Portfolio | 42 Units
818 Vankirk Street, Clairton, PA
For Sale
Multifamily
Garden Low Rise
$1,400,000
Price
11.825%
Cap Rate
$165,151
NOI
Overview
Cap Rate
11.825%
NOI
$165,151
Building Size
45,000 sqft
Occupancy
90%
Units
42
Description
This is a cash flow investment, pure and simple. 42 houses with a current cap rate of 11.825%, full occupancy takes that to a 17.1% cap rate. Long term owner wishes to retire after more than 20 years as a landlord. He has priced this package to be an attractive offer for any real estate investor who is looking for safe cash flow.
Highlights
- Safe Cash Flow
- Excellent Visibility
- Most All Utilities Paid by Tenants
- High Trafficked Area
- Price per Unit $33,333
- Excellent Area Demographics