Presenting 1132 Palomas SE, a prime investment opportunity you won't want to miss! This well-priced 10-unit property offers a great mix of 2-bedroom, 1-bathroom units, each featuring in-unit washer and dryer hookups. Most of the units have been thoughtfully updated, enhancing their appeal and ensuring tenant satisfaction.With an impressive in-place 7% cap rate and a current 6% cash-on-cash return, this property is already delivering strong financial performance. However, there's significant potential for even more upside. The property is well-positioned for rent growth, with the possibility to increase revenue through strategic updates and enhancements. Whether you're looking to make targeted improvements or capitalize on the area's rising demand, 1132 Palomas SE offers great value-add.
Sold
Zillow last checked:
Listing updated:
Bought with:
Nonmls Nonmls
Non Member of SWMLS
Source: SWMLS,MLS#: 1069534
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | -- |
Source:  SWMLS #1069534 Report a problem | ||
| 10/28/2024 | Pending sale | $880,000 |
Source: SWMLS #1069534 Report a problem | ||
| 8/28/2024 | Listed for sale | $880,000-7.3% |
Source: SWMLS #1069534 Report a problem | ||
| 8/23/2024 | Listing removed | -- |
Source: SWMLS #1036059 Report a problem | ||
| 6/12/2023 | Listed for sale | $949,530 |
Source: SWMLS #1036059 Report a problem | ||
| 7/31/2003 | Sold | -- |
Source: Public Record Report a problem | ||
