Pittsburgh Area Portfolio | 42 Units

818 Vankirk Street, Clairton, PA

   SOLD!   

$1,400,000

Price

11.825%

Cap Rate

$165,151

NOI

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Street
Map
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
Location
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