Listed by NAI Business Properties
$1,760,000
St. George & Farmstead Apartments
Details
APN 03-0927-19-2-12-09-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,382
Units 8
Cap Rate 6.50%
NOI $114,484
Occupancy 100%
Price per SqFt $327
Class A
Year Built 2022
Buildings 2
Stories 2
Acreage 1.022
Zoning Planned Unit Development
Multifamily | 8 Units | $220,000/unit
Marketing description
Located in the vibrant core of the Annafeld neighborhood—a modern, master-planned development by McCall Homes—this property sits at the commercial anchor of a community that’s only halfway built out, offering significant long-term upside as the remaining phases are completed.
Investment highlights
8 income-producing apartments above
16 garage stalls for added tenant value and revenue
Located in a growing neighborhood with strong absorption and future phases underway
Appealing architecture and quality construction by McCall Homes
Listing Contacts
Listed by NAI Business Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,484.00
$9,540.33/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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