NuRealty Advisors Inc. is excited to present an exclusive investment opportunity at 210-230 Pelham Road, New Rochelle, NY 10805. The investment offers:
• Five (5) * Vacant * Free-Market * One-Bedroom Co-op Units in a prestigious luxury complex located on the harbor, boasting breathtaking water and garden views
• Numerous amenities, ensuring maximum rental appeal including but not limited to: Fitness Center, Rooftop Deck, Renovated Common Areas, Working Spaces etc.
• No Board Approval Required: Rent each unit freely without co-op board restrictions
• Units can be sold individually, offering long-term exit strategies
• Based on a Proforma Rental of $2,675.00 per month, the deal offers an 11% Capitalization Rate and a 25% Cash-on-Cash Return!
This is an easy deal to own without the day-to-day headache of a normal property as you are leveraging off of the in-place management for the complex!
See attached Offering Memorandum and contact Team@NuRealtyAdvisors.com for more information.