Evan Compean — Response + New Leads

Listing #4 (7 & 9 Hunt St) • + 2 Off-Market Opportunities

Listing #4: 7 & 9 Hunt Street — East End

$799,999
List Price
4
Units
3,456 SF
Total SF
149
Days on Market
RENT ROLL PENDING

Evan Compean has replied but the rent roll has not yet been provided. The landlord hasn't sent it to the listing agent yet. Evan noted he is actively getting it.

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NEW: Latham St 4-Plex

COMING SOON
Price: $550,000
Type: Fourplex • All 1-bedroom units
Features: Metal roof, updates throughout
Rent Roll: Being obtained by Evan Compean
Status: Coming to market soon — not yet listed

Why this matters: At $550K, this is well below the $750K floor of the original search. If rent rolls support it, this could offer the best cap rate in the entire analysis.

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NEW: 301 Estelle (Triplex)

OFF-MARKET OPPORTUNITY
Listed at: $365,000 • Owner will sell: $340,000 as-is
Type: Triplex (3 units, not 4)
Monthly Rent: ~$3,350/mo
Gross Annual: ~$40,200/yr
Gross Cap Rate: ~11.8% (at $340K purchase price)
Status: Being removed from market — owner willing to sell off-market

Why this matters: An 11.8% gross cap rate is exceptional. While it's a triplex (not fourplex), the cash flow profile at this price point may be the strongest opportunity in the entire search.

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