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1126 West 250 South
What's Special
2024 Build | 18 Units | 5.02% Cap Rate | $238K NOI | 100% Occupied by May 2026 <ul><li>2024 Construction — Brand-new, low-maintenance 3-story building with brick/stucco exterior, LVP flooring, granite countertops, and in-unit modern finishes</li><li>Strong In-Place NOI — $238,642 verified NOI for 2025 (accrual basis), consistent month-over-month performance</li><li>Attractive Cap Rate — 5.02% cap rate on actuals at $4,750,000 asking price ($263,889/unit)</li><li>Value-Add Rental Upside — Currently 83% occupied (15/18 units); all 3 remaining units are actively leasing a
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