1205 Geraldine Way

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1205 Geraldine Way

Belmont, CA 94002
Asking Price
$4.85M
Cap Rate
4.18%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

TURNKEY ASSET: New 40-Year Roof I SB 721 Compliant I New Electrical Subpanels I New Sewer Lateral <p><strong>MODERN INTERIORS</strong></p><p>Units have been updated with each new tenant to include new countertops, laminate flooring, stainless steel appliances, new double-paned windows, as well as upgraded electrical subpanels in each unit.</p><p></p><p><strong>TURNKEY PRIDE OF OWNERSHIP ASSET</strong></p><p>With a new 40-Year Roof, SB 721 work completed, new sewer lateral, new electrical subpanels, and attic insulation & new double-paned windows for improved energy efficiency & comfort the i

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NOI
$80,000
Cap Rate
1.65%
DSCR
0.28
Underwater
Cash-on-Cash
-14.29%
Monthly Payment
$23,995.154
Annual Cash Flow
$-207,941.845

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