2123 W. RIVERSIDE AVE
Historic Brownes Addition

Listed by Cooperating Broker. Sold by Glenn Sather THE APARTMENT BROKER.


Price:

$ 700,000    

Units:

14      

Sq Foot:

10,359      

Age:

1978      

Cost/Unit:

$ 50,000      

Cost/Sq Ft:

$ 67      


Unit Mix:
Number Bedrooms Baths
6 1 1
6 2 1
2 3 2

Gross Scheduled Income:

$ 82,500

Gross Rent Multipler:

8.5

Operating Expense:

$ 32,164

*Taxes:

$ 6,047

Net Operating Income:

$ 46,211

Capitalization Rate:

6.6

*Taxes are included in operating expense

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