$195,000
Flasco Building
Details
Property Type Mixed Use
Sub Type Apartment, Office
Square Footage 5,488
Units 4
Cap Rate 10.51%
NOI $20,499
Occupancy 100%
Tenancy Multi
Lease Type NN
Rent Bumps Yes
Price per SqFt $36
Broker Co-Op Yes
Year Built 1959
Buildings 1
Stories 2
Acreage 0.140
Zoning Commercial
Parking Spaces 7 spaces
Parking per 1,000 SqFt 1.28
Mixed Use | 10.51% CAP | 5,488 SqFt
Marketing description
This 5,488 sq. ft. building features two residential apartments, a first-floor office, and a first-floor retail space, all situated on a high-visibility corner lot and fully occupied. Built with solid construction, it also offers the convenience of a desirable 7 car off-street parking lot. The location sees an impressive daily traffic count of around 10,000 vehicles.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$20,499.00
$1,708.25/mo
Valuation Metrics
0
DSCR
10.51%
Cap Rate
10.51%
ROI
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