Listing courtesy of Terrafin. Selling Office: John L. Scott, Inc.
Rent by the room! Large homesite offering 7 private bedrooms with a full bath, 27" cabinet, microwave & mini-fridge. Rent each bed to maximize ROI. A pro-forma cap rate of 9% w/ this new construction. Features solid core doors, individual electronic door locks on each bed, ductless mini-split heating/cooling, 2 electrical panels, irrigation system, 2 hot water tanks, 2 W/D set ups & two full kitchens (1 in main home & 1 in attached ADU). ADU has separate entrance, storage & camera system. Built for long term durability & low maintenance (all LVP flooring, all countertops & window seals quartz). At a market cap rate of 5.5% this property has a valuation of $1,250,000 Great investment opportunity!
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