Listed by Ramshaw Real Estate, Inc.
$1,200,000
308 W Green St
Details
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Units 9
Beds 15
Cap Rate 2.84%
NOI $34,101
Occupancy 100%
Pro-Forma Cap Rate 4.87%
Pro-Forma NOI $58,469
Multifamily | 9 Units | $133,333/unit
Marketing description
For sale is a 9-unit multifamily investment opportunity in Urbana. This building is leased out by bedroom and consists of six 2-bedroom units and three 1-bedroom units totaling 15 bedrooms. It is fully leased through August, 2026. There is a single family investment property for sale next door to this building as well that could be bought with this one.
Investment highlights
9 Units Totaling 15 Bedrooms Leased By the Bedroom
Fully Leased Through August 2026
Single Family Investment Property Next Door Available For Sale (310 Green)
Listing Contacts
Listed by Ramshaw Real Estate, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$34,101.00
$2,841.75/mo
Valuation Metrics
0
DSCR
2.84%
Cap Rate
2.84%
ROI
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