Assume $3,529,000 loan at 3.2% fixed until 5/1/28. Prime West Hollywood. 100% occupied. Significant (42%) upside in rents. 12.6 x Gross & 4.7% Cap with existing rents; 8.9 x Gross & 7.8% Cap with rents at market. 6.3% return on down payment at closing; 12.7% return with rents at market
Lechavarria@onthegorealestate.com