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943 Broad Ave
Wilmington, CA 90744
Asking Price
$1.90M
Cap Rate
6.61%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6.61% CAP | 3 Units <ul><li>Modern triplex built in 2019</li><li>Cap rate of over 6%</li><li>NOT subject to rent control (AB 1482 exempt)</li><li>5,100 sq. ft. property with three spacious units</li><li>Each unit features 5 bedrooms and 3 full bathrooms</li><li>Premium granite countertops and durable tile flooring</li><li>Each unit separately metered for water, electricity, and gas</li><li>Private balconies with outside views</li><li>Individual laundry areas in each unit</li><li>Fully gated and secured wi
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,395.216
Annual Cash Flow
$-32,742.59
