Courtesy of Altos Realty Advisors, Inc. .
Well maintained and fully occupied 24 - unit building in the Heart of Lakewood. Presented at a current 4.8% cap rate with the ability to achieve a 5.3%+ return in the near term. The property consists of all a mix of 12 one-bedroom units & 12 two- bedroom units. The property has extra income potential with large storage lockers located in the basements. The building is conveniently located within a short walking distance of Alameda High school, numerous restaurants, parks and shops and is very popular for long term family renters.
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