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Multifamily Property For Sale - In Contract

4637 34th street

4637 34th street, San Diego, CA 92116

Price:
$4,295,000
No. Units:
34
Building Size:
23,559 SF
Price/Unit:
$126,323.53
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
5.20%
Gross Rent Multiplier:
11.40
Occupancy:
97%
No. Stories:
2
Year Built:
1969
Lot Size:
27,007 SF
Find Out More...

Last Verified 10/3/2009 Listing ID 15531142

Highlights

Superior Normal Hieghts Location
Good Unit Mix
Gated Entry

Courtyard
Excellent Investment opportunity

Description

34 unit property located in Normal Heights, with an excellent unit mix. The property is fully rented and consists of 14-2BR/2BA and 20-1BR/BA. Property has laundry facility and onsite parking for each unit. Please do not walk on property or bother tenants. Interior to be shown with accepted offer only. Buyer to verify all before COE. The information contained herein has been obtained from sources believed reliable. ACI Apartments makes no guarantee, warranty or representation about it.

Normal Heights

Financial Summary

Unit Mix Information

Actual
Year
2008
Scheduled Gross Income
$378,000
Effective Gross Income
$366,660
Operating Expenses
$144,247
Net Operating Income
$223,340
Pre-Tax Cash Flow
$31,935

Description	No. Units	Avg. Mo. Rent
2 Bedroom / 2 Bath	14	$1,040
1 Bedroom / 1 Bath	20	$832

Map of 4637 34th street, San Diego, CA 92116 (San Diego County)

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Presented by

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Rick Price (619) 725-3684

Adam Jacks (619) 725-3680

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Created 1/24/2008

Additional Information for 4637 34th Street, San Diego, CA 92116

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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