This Multifamily Property is no longer advertised on LoopNet.com.
5454 Fauntleroy Way SW
Findlay Court · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
Market 6.5% cap rate based on a market rent of $2.69/SqFt
Opportunity to add washer/dryers (Buyer to verify)
Intercom system
The roof was replaced in 2023
Great entry basis of $210,000/unit and $343/net rentable SqFt
Intercom system
PROPERTY FACTS
No. Units
10
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low-Rise
Building Class
C
Lot Size
0.14 AC
Building Size
6,110 SF
No. Stories
3
Year Built
1987
Zoning
LR2 (M)
AMENITIES
UNIT AMENITIES
SITE AMENITIES
24 Hour Access Controlled Access
Individual Locking Bedrooms
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
1+1
9
$1,403
550 - 675
2+1
1
$1,655
790
PROPERTY TAXES
Parcel Number
232403-9081
Improvements Assessment
$1,281,900
Land Assessment
$873,100
Total Assessment
$2,155,000
