This is an incredible opportunity to purchase an irreplaceable six-unit complex with a GRM of 12.97 and 4.93% cap rate across the street form Sofi Stadium. The property is comprised of (4) 2BD/1BA, (2) 1BD/1BA spacious units, has (6) on-site covered parking spaces and an on-site laundry room with owned machines. From 2018-2020, current ownership invested in major interior and exterior improvements, including double pane windows, new roof in 2015, new garage doors and remodeled 5 out of 6 unit interiors. Most rents are near market levels keeping the asset insulated from both State and Local rent control policies while still offering approximately 10% upside in rents.
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