Ben Sellen
Listed by Ben Sellen
$350,000
30 Cherry Street S # 30
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,164
Units 30
Cap Rate 4.51%
NOI $15,785
Class A
Year Built 1936
Buildings 4
Stories 1
Acreage 0.229
Parking Spaces 6 spaces
Parking per 1,000 SqFt 5.15
Private lakeside retreat or short-term rental business, this is a 4-cabin multi-family property
Marketing description
Dreaming of living in a cottage by the lake or running your own short term rentals. Close to the shores of scenic Soap Lake, downtown, restaurants and shopping are 4 sunny little cottages with a large 200ft/2 storage shed with room to expand. Enjoy the whimsically decorated private space for yourself or guests where everyone can have their own space. Each cottage has a kitchenette bathroom and living space. Must see, especially if you are thinking about starting or building your multifamily portfolio.
Investment highlights
- Lot Size Square Feet: 9997
Listing Contacts
Ben Sellen
Listed by Ben Sellen
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$15,785.00
$1,315.42/mo
Valuation Metrics
0
DSCR
4.51%
Cap Rate
4.51%
ROI
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