Description
Investment HighlightsRents well below market. First phase of RUBS ($11,520)implemented with no push back, remaining ($21,000) to be implemented over the coming 12 months.Owner has increased rents by 9% every year with no push back. Rents still below market. Only $118,750 per door.Fully stabilized project, lots of interior improvements, and brand new boiler. Some of the largest units in Coalinga. NOI based on actual income and expenses.
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80BEDS
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1.28ACRES
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48BATHS
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01/2 BATHS
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30,208SQFT
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$126$/SQFT
School Information
Description
Investment HighlightsRents well below market. First phase of RUBS ($11,520)implemented with no push back, remaining ($21,000) to be implemented over the coming 12 months.Owner has increased rents by 9% every year with no push back. Rents still below market. Only $118,750 per door.Fully stabilized project, lots of interior improvements, and brand new boiler. Some of the largest units in Coalinga. NOI based on actual income and expenses.
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