
Re/Max Edge
Listed by Re/Max Edge
$899,999
11106 Farmers Boulevard
Details
APN 10438-0020
Property Type Mixed Use, Special Purpose
Sub Type Sports/Entertainment, Bar
Units 2
Cap Rate 8.00%
NOI $70,000
Year Built 1931
Buildings 1
Acreage 0.044
Mixed Use | 8.00% CAP
Marketing description
Solid brick mixed-use building in prime Saint Albans, one commercial unit and one 3-bedroom apartment. Ground floor and basement currently used as a restaurant with proper setup, high ceilings and heavy foot traffic. Building size is 18x60, lot size is 19x100, annual property tax is $5,011. Projected yearly rental income $90,000 with a cap rate of 8%. Excellent condition & great investment opportunity.
Listing Contacts

Re/Max Edge
Listed by Re/Max Edge
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,000.00
$5,833.33/mo
Valuation Metrics
0
DSCR
7.78%
Cap Rate
7.78%
ROI
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