9116 PALM

About This Property

~-3% Buyside Fee-~ Numbers are ACTUALS. 9.89GRM; 6.86% Cap Rate. CALL FOR FULL MARKETING PACKAGE. 16U + 1 N/C. The subject property provides an investor with an excellent opportunity to purchase a high return apartment building with large units, upgraded interiors, & new exterior paint in an infill area with a strong tenant base that has great access to freeways in an economy where gas prices are a number one concern. The property includes over-sized patios for over 80% of the units. Ceramic tile and upgraded interiors. Security-gated access to the entire complex. Wall heaters and air conditioning. On-site laundry. 24 parking spaces within the complex (16 assigned) and the possibility to earn additional income by charging for 8 extra spaces. Individually-metered for electricity and gas; master-metered for water. $122K Per Unit w/ N/C Unit.

Unit Mix

• 1 unit · 1bd / 1ba
• 1 unit · 2bd / 1ba
• 1 unit · 0bd / 1ba

Neighborhood

This property is located in Bellflower. Want to learn more about the area?