NOTES FROM OUR EXPERT
Desirable location for tenants. Great setup, large common parking area. Roof has architectural shingles and appears to be in good condition. Low maintenance. furnace/water heater a bit dated. New C of O that is good for 6 years. Overall low maintenance, great income producing property
FINANCIALS
Income
Gross Annual Rent
$24,000
Total
Expenses
Taxes
Water*
Insurance*
$2,709
$280
$550
Total
*Estimated base on local knowledge of similar property types
Current
Purchase Price
$164,900
Cap Rate
12.41%
Annual Net
$20,461
Pro Forma
Purchase Price
$164,900
Cap Rate
15.32%
Annual Net
$25,261
*Cap Rate does not include maintenance or management
Location
9
Occupancy
10
Financial
9
Condition
8
Maintenance
8
Tenants
9
Property Location
99 Paige St, Rochester, NY 14619, USA
OUR PROMISE
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WE MAKE IT EASY
Every Step of the way we simplify the process and help you make educated financial decisions.
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QUALITY AND PROFESSIONAL SERVICE
We are reliable, responsible, and we care. Your satisfaction and loyalty is always important to us.
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OUR TEAM TAKES CARE OF YOU
Our team is on it! We stay ahead of the transaction and handle all communication every step of the way
