Listed by Aashram Realty
$725,000
903-907 S 84 ST
Details
Property Type Mixed Use, Multifamily
Sub Type Bar, Restaurant
Net Rentable (SqFt) 5,000
Cap Rate 11.31%
NOI $82,000
Tenancy Multi
Broker Co-Op Yes
Class C
Year Built 1939
Buildings 2
Stories 2
Acreage 0.790
Zoning Commercial
Parking Spaces 55 spaces
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Mixed Use | 11.31% CAP
Marketing description
The Property is conveniently located on the 84th street and W Walker st. near state fair park. The fair ground is seen from the property.
The property contain famous El Sagitario Bar with small party place and a two rental homes.
The property has a separate parking lot which has 50 parking space and a 3 car garage.
The property is currently rented and also has income from parking space
Seller is retiring which makes this property available in the market . Seller is motivated.
Estimated annual rental income 82K (per seller).
Investment highlights
Great location. Near to state fair park. Can be converted and redeveloped.
Listing Contacts
Listed by Aashram Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$82,000.00
$6,833.33/mo
Valuation Metrics
0
DSCR
11.31%
Cap Rate
11.31%
ROI
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