Just Closed an Investment Property over 7% Cap!
Represented the buyer on this Eight-unit residential income property. Each unit is ground-level, 2 bedroom, 1 bathroom, single car garage with laundry hook-ups and varying sizes of yards. Great cash flow at 11 GRM and a cap rate of 7.7%. Purchase price $2,025,000 Behzad Zandinejad Broker Associate *2021 #1 Agent with over 108 Mil production …