103 N Garfield Ave

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103 N Garfield Ave

Alhambra, CA 91801
Asking Price
$5.00M
Asset Type
Medical Office Office
Class
Class B

What's Special

Medical Office Value-Add Investment in Alhambra <ul><li>​<span style="color: rgba(33, 37, 41, 1)">±11,224 SF multi-tenant medical/office building</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">100% occupied with stable in-place income</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Significant value-add opportunity with ~50%+ NOI upside</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Pro forma NOI of approximately $275K+</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Below-market rents across multiple ten

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NOI
$80,000
Cap Rate
1.60%
DSCR
0.27
Underwater
Cash-on-Cash
-14.46%
Monthly Payment
$24,731.77
Annual Cash Flow
$-216,781.244

Location & Travel Times