
Courtesy of: Nicholas Petrosian, Remax Commercial and Investment Realty, npetrosian@remaxcir.com
$2,485,000
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16 bed
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8.00 Bath (1 Full)
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Lot: 0.35 Acres
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Other
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$2,485,000
11062 Excelsior Dr 8-unit apartment investment located in a strong Norwalk rental market. The property features an all 2-bedroom/1-bathroom unit mix with separate gas and electric meters. Recent improvements include a new roof, new fascia, and new exterior paint. The property is offered at a 5.78% current cap rate and 10.58 GRM with additional ADU potential (buyer to verify). Excellent unit mix and long-term investment fundamentals in a high-demand rental location.
Courtesy of: Nicholas Petrosian, Remax Commercial and Investment Realty, npetrosian@remaxcir.com
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