8805 E 12TH ST

Sale Price: $14,350,000

Property Features:


  • 7 Studios, 75 One-Bedroom Units
  • Well-Maintained and Professionally Managed
  • Multiple Recent Capital Expenditure Improvements (Security Cameras & Gates, Parking Lots, Roofs, Boilers, etc.)
  • Individually Metered for Electric
  • Ample Parking
  • Onsite Manager

Property/Area Details:


  • Total Building Size: 46,728 SF
  • Year Built: 1973
  • Property Taxes (2021): $56,903 ($694/Unit)
  • Total Site Size: 1.66 Acres
  • Total Units: 82
  • Price Per Unit: $175,000
  • Cap Rate (Actual): 4.37%
  • Cap Rate (Proforma): 5.67%

8805 E 12th Ave

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