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Old 23-02-2021, 05:09 PM   #31
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wow, I am surprised this location and unit size can rent for $2200 per month..
The keyword here is “ONE RENTAL ONLY”
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Old 23-02-2021, 05:21 PM   #32
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The keyword here is “ONE RENTAL ONLY”
Haha, but I only seen 8 units sold, so out of the 8 units sold and a unit of size between 500-600sqf is sold between 648-723k, assuming the rent of $2200per month this unit is renting at close to 3.7% assuming a purchase price of ~700k!
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Old 23-02-2021, 06:04 PM   #33
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Haha, but I only seen 8 units sold, so out of the 8 units sold and a unit of size between 500-600sqf is sold between 648-723k, assuming the rent of $2200per month this unit is renting at close to 3.7% assuming a purchase price of ~700k!
It still goes back to the question....rentability?
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Old 23-02-2021, 06:54 PM   #34
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It still goes back to the question....rentability?
And resale potential (or sale potential), only 8/31 units sold till date.

Got to use the phrase “think carefully” for this project.
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