Listed by Diversified Commercial Real Estate
$850,000
6-Unit Investment Property
Details
Property Type Mixed Use
Sub Type MultiFamily
Square Footage 8,280
Units 6
Cap Rate 8.33%
NOI $70,779
Occupancy 100%
Year Built 1963
Buildings 1
Stories 2
Acreage 0.380
Mixed Use | 8.33% CAP | 8,280 SqFt
Marketing description
RARE opportunity to own a Mixed-Use Investment property with 2 Commercial Tenants and (4) 2-bed, 1-bath apartments. This cash flows! Located in beautiful Downtown Highland, the property is a 2-story building with 4 apartments in the 2nd floor and 2 commercial units on the main floor. 3 Apartments have been updated in the past 4-years. On-Site Parking!
Investment highlights
- 6-Unit Investment Property
- Mixed-Use (4-Apartments & 2-Commerical Units)
- Located in Downtown Highland
Listing Contacts
Listed by Diversified Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,779.00
$5,898.25/mo
Valuation Metrics
0
DSCR
8.33%
Cap Rate
8.33%
ROI
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