Listed by Ramshaw Real Estate, Inc.
$1,800,000
302 Cedar
Details
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Units 13
Beds 22
Cap Rate 5%
NOI $89,945
Occupancy 95%
Multifamily | 13 Units | $138,462/unit
Marketing description
13 unit multifamily investment opportunity. This building is leased out by bedroom and consists of nine 2-bedroom units and four 1-bedroom units. The building has 21 of the 22 bedrooms leased through August, 2026. Strong rental history and a great location in Urbana make this a great add to any portfolio.
Investment highlights
13 Unit Multifamily Investment in Great Location
Currently Leased By the Bedroom
Strong Rental History
Listing Contacts
Listed by Ramshaw Real Estate, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$89,945.00
$7,495.42/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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