Thursday, November 1, 2007

Ontario Residential Income $1,792,000


Units: 11
GSI: $145,080


Total Bldg SQFT:


TG#: 641H2


Financial Analysis
Gross Sched Income: $145,080 Operating Exp: $26,866 Net Operating Income: $118,214
Total Annual Op Exp: $26,866

Monthly GSI: $12,090
Sep Water Mtrs: 12 Sep Gas Meter: 12 Sep Electric Mtrs: 12
Total Pkng: 30 # of Garages: 9




Property Description: 1 House And 10 Units In Ontario On Major Street. C Zoned. Large Lot - Almost 1 Acre. Low Rent. Actual Rent: $105,480 And Low Expenses (Tenant Pays Water, Gas, Electricity). Per Seller, Build Mixed Use Property (Retail And Residential), 100+ Unit Hotel Units, New Apartments Or Senior Citizens Complex. Buyer To Verify With City Regarding Usage.



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