695 W Main Street, Pomona, a beautifully located single family residential that is operated as a student housing and carries a significant value-add opportunity. Offered at a very low price compared to competing properties and an extremely attractive ±6.72% CAP Rate (Proforma – stated CAP is as a fully occupied student housing – buyer to verify), this offering provides an excellent ±8.50% Cash-on-cash return with a low downpayment on a 30-year fixed mortgage (buyer to verify).
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