Listed by KW Commercial Fargo-Moorhead, Keller Williams Inspire Realty
$750,000
STEVEN APARTMENTS
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,180
Units 12
Cap Rate 7.21%
NOI $54,102
Occupancy 100%
Tenancy Multi
Price per SqFt $82
Buildings 1
Investment Type Stabilized
Multifamily | 7.21% CAP | 12 Units
Marketing description
Introducing a prime opportunity for Multifamily investment in Moorhead, MN. This attractive property features a well-maintained 12-unit building, offering ample space and a desirable community atmosphere, along with 10 single stall garages. With a convenient location in the Moorhead area, residents will enjoy easy access to local amenities and attractions. Don't miss the chance to capitalize on this promising investment in the thriving Moorhead real estate market.
Investment highlights
- 12 Units + 10 single stall garages (garages to be painted)
- 100% Occupancy
- Desirable downtown location in Moorhead
- Great rental history
Listing Contacts
Listed by KW Commercial Fargo-Moorhead, Keller Williams Inspire Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,101.60
$4,508.47/mo
Valuation Metrics
0
DSCR
7.21%
Cap Rate
7.21%
ROI
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