218 S Tower Drive
Property Overview
First time on the market in 26 years. Well maintained property with significant (25%) upside in rents. Priced at 12.3 x gross and 5% cap at closing; 9.8 x gross and 7% cap with rents at market. $309,375/unit and $367/bldg. S.F.
Home Details
- Property type
- Residential Income
- Year built
- 1929
- Living area
- 26,972 sq ft
- Lot size
- 12,428 sq ft
- Parking
- 12 spaces
- Stories
- 4
- Days on market
- 35
- MLS status
- Active
- Zoning
- BHR475
Features & Amenities
Parking
- Assigned
Location & Neighborhood
Frequently Asked Questions About 218 S Tower Drive
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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