555 2nd Street presents a compelling opportunity to acquire a high-yielding, 6.23% cap rate mixed-use asset in South Park. The ground floor is anchored by Movida Restaurant and Tequila Lounge that has been operating at the site for over 3 years. Upstairs are two three bedroom apartments that have been recently upgraded and feature hardwood floors, in unit laundry and stainless steel appliances. Supported by long-term commercial lease below and high demand renovated residential units above, it offers durable income today with clear upside tomorrow. Is there a better location when it comes to everything AI...?
Listing courtesy of Clinton C Textor, from Marcus & Millichap
(If provided) CoList: from
/u.realgeeks.media/rivalryteam/LOGO_-_Rivalry_Team_1-min.png){kind=logo}