We are pleased to introduce for acquisition for the first time in 40 years, the Broadway Studios, 18 units located in Glendale with a WalkScore of 84.
The property offers investors meaningful scale at an attractive basis in one of the most supply-constrained multifamily markets in Los Angeles County.
The offering combines strong current yield with long-term positioning in a highly walkable Glendale location, approximately 1.5 miles from The Americana at Brand, and walking distanceto In-N-Out Burger, Glendale Adventist Hospital & Glendale High School.
A compelling opportunity to acquire scale in one of Glendale's most established rental markets, at quite possibly the lowest entry price per unit offering.
"¢ $4,450,000 Asking Price
"¢ $247,222 Per Unit
"¢ 5.66% Cap Rate
"¢ 11,316 SF Building
"¢ Spacious Floorplans
"¢ Walk Score: 84
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