Listed by Compass Pennsylvania
$850,000
131 W 18th St
Details
APN 2602140111
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,535
Units 6
Cap Rate 6.77%
NOI $57,561
Occupancy 100%
Pro-Forma Cap Rate 9.04%
Pro-Forma NOI $76,841
Price per SqFt $154
Class B
Year Built 1940
Acreage 0.140
Zoning 26R3
Investment Type Value Add
6 Unit Apartment with Value Add Potential
Investment highlights
6 Unit Apartment with 5 Garages
5,535 Sq ft
Current Annual Income: $88,740
Projected Annual Income: $111,600
Annual Rent Upside: $22,860
In Place Cap Rate 6.77%
Pro Forma Cap Rate 9.04%
Listing Contacts
Listed by Compass Pennsylvania
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,561.00
$4,796.75/mo
Valuation Metrics
0
DSCR
6.77%
Cap Rate
6.77%
ROI
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