Pittsburgh Area Portfolio | 42 Units
$1,400,000
818 Vankirk Street, Clairton, PA 15025
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 02/22/2022
11.825
Cap Rate
165,151
NOI
Details:
Cap Rate: 11.825%
NOI: $165,151
Building Size: 45,000 sqft
Occupancy: 90%
Units: 42
Highlights:
- Safe Cash Flow
- Excellent Visibility
- Most All Utilities Paid by Tenants
- High Trafficked Area
- Price per Unit $33,333
- Excellent Area Demographics
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.
Location
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