14-12 units up for auction at $250,000 in California

Auction begins on August 16, For all offers, please contact UR-COUSIN Emile Farah.

12 units up for auction in California.

Starting Bid: $250,000 Square Footage: 6,541
Net Rentable Area:
5,800
Lot Size (acres):
0.14
Year Built :
1923
Number Of Buildings :
1
Number Of Stories:
2
Number Of Units:
12
Most Recent Real Estate Value:
$860,000
Most Recent Real Estate Value Date :
05/12/2011
Occupancy (%):
75.00%
Occupancy As of Date :
05/12/2011
Net Operating Income (NOI):
$60,622
NOI As Of Date :
05/12/2011

The property is centrally located, with restaurants, retail, and the Metro-Rail station all within a short walking distance. Built in 1923, the subject consists of approximately 6,541 SF of improvements. There are four studio units and eight one-bedroom/one-bath units.

For more information, contact UR-COUSIN Emile Farah at (305) 754-1000 or send an e-mail to farah@farahreacquisitions.com

E-Visas franchise Real Estate and Non-Real Estate investment opporunity

We  offer full management services with Apogee New Dawn.

Full service construction can be done with USA Lending & Realty

The expenses, taxes and NOI will be delivered to the investor once PROOF OF FUNDS AND THE non-disclosure-agreement is signed and sent via fax (305) 967-7208 or e-mail ur-cousin@usalendingandrealty.com Only cash buyers.

For more information, contact UR-COUSIN Emile Fara at 305-754-1000 or send an e-mail to farah@farahreacquistions.com

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Tuesday, August 16th, 2011 Auction on Businesses
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