Long Beach units for Sale. Low GRM High CAP

Jan 10, 2012 | No Responses

1033 Hoffman in Long Beach

This is a solid building, with an excellent unit mix. Try 8 times gross and a cash on cash return in the 8.7 range.  The property has been well kept up and there is little deferred maintenance (if any).   At 37% expenses, the CAP-Rate is 7.4%. This property is all about Return-on-Investment. Call Jeff Knowles 949.307.2616   jeff@sagelang.com