| FOUR UNITS PURPOSEFULLY LEFT VACANT AFTER REMODELING, TO ALLOW BUYER TO GET MARKET RENTS W/O RENT CONTROL |
| IN THE MIDDLE OF THE BARSTOW INTERNATIONAL GATEWAY DEVELOPEMENT PLAN, DOUBLING GROWTH IN NEAR FUTURE |
| AT ACUTAL RENTS, PUTS OUT $84,780 ANNUAL GROSS INCOME, A 6.31 GROSS RENT MULTIPLIER, AN 12.28% CAP RATE, AND A 27.52% CASH ON CASH!!! |
| AT MARKET RENTS, PUTS OUT $102,720 ANNUAL GROSS INCOME, A 5.21 GROSS RENT MULTIPLIER, AN 16.51% CAP RATE, AND A 44.45% CASH ON CASH!!! |
| THIS OFFERING IS ON 3.7 ACRES MAKING IT PRIME TO ADD ON A HUGE AMOUNT OF UNITS FOR MAJOR UNIT EXPANSION!!! |
Tony Burton
Burton Apartment Realtors
