4553-55 North Ave

Status: UNDER CONTRACT

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List Price: $2,700,000

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Unit Mix:

(2) 1-Bedroom / 1 Bathroom

(6) 2-Bedroom / 1 Bathroom

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CAP Rate: 3.85%

Year 1 CAP Rate: 7.20%

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GRM: 15.50

Year 1 GRM: 9.91

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Investment Highlights:

• Value Add - Under Market Rents

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• Pride of Ownership - University Heights

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• Off Street Parking

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• 92 Walk Score

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• Shared Laundry