Listed by RE/MAX Equity Group
$999,900
880 N Pershing St, Mt Angel
Details
APN 515575
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,680
Units 8
Cap Rate 6.94%
NOI $69,384
Occupancy 80%
Price per SqFt $214
Broker Co-Op Yes
Year Built 1989
Buildings 1
Stories 1
Acreage 0.430
Zoning RM
Parking Spaces 8 spaces
Parking Per SqFt 1.71
Multifamily | 5 Units | 6.7% Cap rate
Marketing description
NEW ROOF AND SIDING 5 YEARS AGO! This property already has AMAZING CASH FLOW with upside potential!!! Three of five units have been updated. All units have THREE FULL BEDROOMS, washer and dryer hookups and PRIVATE FENCED IN BACKYARDS WITH STORAGE UNITS in each. Mt. Angel typically has a limited supply of available rentals unlike many other areas. You won't find a better deal than this. RUBS in effect. Hurry now before it is gone!!! *** DO NOT ENTER PROPERTY ***
Listing Contacts
Listed by RE/MAX Equity Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,384.00
$5,782.00/mo
Valuation Metrics
0
DSCR
6.94%
Cap Rate
6.94%
ROI
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