Courtesy of: Levon Alexanian, Keller Williams World Media Center, info@alexanianadvisors.com
Courtesy of: Levon Alexanian, Keller Williams World Media Center, info@alexanianadvisors.com
$4,450,000
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1.00 Bath (1 Full)
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Lot: 0.17 Acres
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Apartment
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$4,450,000
1600 E Broadway We are pleased to introduce for acquisition for the first time in 40 years, the Broadway Studios, 18 units located in Glendale with a WalkScore of 84. The property offers investors meaningful scale at an attractive basis in one of the most supply-constrained multifamily markets in Los Angeles County. The offering combines strong current yield with long-term positioning in a highly walkable Glendale location, approximately 1.5 miles from The Americana at Brand, and walking distanceto In-N-Out Burger, Glendale Adventist Hospital & Glendale High School. A compelling opportunity to acquire scale in one of Glendale's most established rental markets, at quite possibly the lowest entry price per unit offering. - $4, 450, 000 Asking Price - $247, 222 Per Unit - 5.66% Cap Rate - 11, 316 SF Building - Spacious Floorplans - Walk Score: 84
Courtesy of: Levon Alexanian, Keller Williams World Media Center, info@alexanianadvisors.com
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