PHOENIX THOTTAM – Memberships and Associations
He is an active member of both the Apartment Association of Greater Los Angeles and the Apartment Owners Association of California. Phoenix is also actively involved in the real estate industry as a member of The Beverly Hills/Greater LA Association of REALTORS, California Association of Realtors, the National Association of Realtors, The MLS of Los Angeles, Urban Land Institute and the International Council of Shopping Centers (ICSC).
2014 W. 8TH TREET – 86 UNITS (combined)
Valuation: NET OPERATING INCOME / CAP RATE :
gross potential rent: 404,487
other income: $1,500
GROSS POTENTIAL INCOME: $406,347
Less Vacancy Allowance: 20,317
EFFECTIVE GROSS INCOME: 386,030
LESS EXPENSES: 166,827
NET OPERATING INCOME: $219,203
NOI / 4% CAP RATE = $5,480,075
WHERE RP SUGGESTS MARKETING YOUR PROPERTY: $5.7 million
THE ABOVE 6 STEPS HELP US OBTAIN YOUR PROPERTY’S MAXIMUM VALUATIN
AS WE INTEGRATE OUR PRO-ACTIVE SIX LAYER MARKETING PLANS. WE STRIVE TO GENERATE — DAILY — EXPERIENCED AND QUALIFIED PROSPECTS, MULTIPLE BIDS, AND CLOSE TRANSACTIONS SWIFTLY. WE WILL PRESENT YOUR LISTING DAILY TO THE ENTIRE MARKETPLACE — TRULY FOCUSING ON ATTAINING MAXIMUM EXPOSURE AND VALUE MOMENTUM FOR YOU AS OUR CLIENT.
