High Demand for Rentals: Hughson's rental market remains strong due to its affordability and desirable small- town atmosphere, ensuring steady occupancy rates and stable rental income.
Diverse Unit Mix : The property consists of 11 one-bedroom and 3 two-bedroom units, catering to a wide range of tenants, from single professionals to small families, optimizing rental potential.
Strong Rental Growth: With current rental income at $211,428 and Pro Forma rents at $ 244 ,200, there is a proven upside in rental rates, increasing investor returns over time.
Proximity to Amenities : Conveniently located near schools, retail centers, and major roads, the property provides easy access to daily necessities, enhancing tenant satisfaction and retention.
Attractive Cap Rate & NOI Growth: The property offers a competitive 5.53 % Cap Rate, projected to grow to 6 73 % Pro Forma, while NOI increases from $110,531 to $134,519, ensuring strong cash flow and appreciation potential.
Efficient Operations & Sustainability: With managed operating expenses and installed solar systems , the property benefits from lower utility costs, reducing long - term expenses and increasing profitability .