Description
Newly constructed (2021) and fully occupied 8 unit building in Randle Heights. Excellent stabilized investment opportunity with gross rents of $18,540/month. The pro forma cap rate is 8.0%! Desirable unit mix of seven large 3 bedroom / 2 bathroom units and one 4 bedroom / 2 bathroom. The building is located less than a half mile from Safeway and the new Skyland Town Center development. Exempt from rent control!
Description
Newly constructed (2021) and fully occupied 8 unit building in Randle Heights. Excellent stabilized investment opportunity with gross rents of $18,540/month. The pro forma cap rate is 8.0%! Desirable unit mix of seven large 3 bedroom / 2 bathroom units and one 4 bedroom / 2 bathroom. The building is located less than a half mile from Safeway and the new Skyland Town Center development. Exempt from rent control!
©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-02-08T23:50:52.513.