Friday, June 20, 2008

Investment Offering: 4 Unit Apartment Building

We are now tracking this great investment property in Mountain View. It's a 4 unit apartment building just walking distance to convenience shopping on El Camino Real and very easy access to freeways.

Offering Highlights
Pride of Ownership. Upscale neighborhood
Original Owner. New exterior paint. Copper Plumbing
Garages. Double Pane Windows. New Roof & Driveway
Two Laundry Rooms
Unit Mix: (4) 2BR/1BA with Dishwashers & Disposals
Building Size: 3,687 SF
Site Size: 8,000SF
Cap Rate: 3.0% $366/SF with upscale potential

Schedule Annual Income & Expense

Income $67,500.00
Expenses/Vacancy Factor $25,500.00
Net Operating Income $42,000.00

Offered at $1,348,000

Please contact me at if you would like a tour of this property and I would be happy to set something up.

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