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314 South 2nd Avenue
Arcadia, CA 91006
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B
What's Special
Shovel Ready 16 Unit Townhome Development Land | 58,081 SqFt <ul><li>This shovel-ready, entitled 16-unit gated townhome community in the City of Arcadia, CA is fully approved by the City and ready for permit submission and immediate construction</li><li>Designed by PDS Studio with interior finishes thoughtfully specified by Ilustracion by Jake, Corp., the project features townhome floorplans ranging from 2,302 to 3,276 square feet</li><li>Each unit includes a private rooftop area offering panoramic views of the San Gabriel Mountains</li><li>The gated
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
