Listed by RE/MAX Equity Group
$1,050,000
880 N Pershing St, Mt Angel
Details
APN 515575
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,680
Units 8
Cap Rate 6.61%
NOI $69,384
Occupancy 80%
Price per SqFt $224
Broker Co-Op Yes
Year Built 1989
Buildings 1
Stories 1
Acreage 0.430
Zoning RM
Parking Spaces 8 spaces
Parking per 1,000 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 and renovations to a fourth unit are underway. 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
6.61%
Cap Rate
6.61%
ROI
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