QR Code Link to This Post TURNKEY CASH FLOW OPPORTUNITY — CONTROL YOUR TENANT BASE DAY 1! PROPERTY FEATURES: Fully Vacant 8-Unit Multifamily Studios & 1-Bedroom Mix (Alcove, Backyard & Balcony Layouts) Delivered 100% Vacant — No Holdover Tenants Voucher Rent Projections Approved — Ready for Lease-Up Water & Sewer Sub-Metered (Lower Landlord Costs) Very Low Maintenance Asset FINANCIAL SNAPSHOT (PROJECTED): Gross Rent Potential: $19,450/month | $233,400/year Projected NOI: $190,796/year Stabilized Cap Rate: 6% - 8% Total Annual Expenses: ~$42,700 INVESTOR ADVANTAGE: Full Lease-Up Control 1031 Exchange Ready Strong Voucher & Program Demand Market Financeable Asset (Conventional or Agency Loans) Excellent for...
QR Code Link to This Post TURNKEY CASH FLOW OPPORTUNITY — CONTROL YOUR TENANT BASE DAY 1! PROPERTY FEATURES: Fully Vacant 8-Unit Multifamily Studios & 1-Bedroom Mix (Alcove, Backyard & Balcony Layouts) Delivered 100% Vacant — No Holdover Tenants Voucher Rent Projections Approved — Ready for Lease-Up Water & Sewer Sub-Metered (Lower Landlord Costs) Very Low Maintenance Asset FINANCIAL SNAPSHOT (PROJECTED): Gross Rent Potential: $19,450/month | $233,400/year Projected NOI: $190,796/year Stabilized Cap Rate: 6% - 8% Total Annual Expenses: ~$42,700 INVESTOR ADVANTAGE: Full Lease-Up Control 1031 Exchange Ready Strong Voucher & Program Demand Market Financeable Asset (Conventional or Agency Loans) Excellent for Passive Income or Owner-Operator PRIME BRONX LOCATION: Highbridge / Grand Concourse Corridor Steps to Subway, Highways & Retail Minutes to Yankee Stadium, BronxCare, Columbia Hospitals & More High Tenant Demand | Fast Lease-Up Area
