Listed by KW Commercial Fargo-Moorhead, Keller Williams Inspire Realty
$1,100,000
ELLIE APARTMENTS
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 16,965
Units 18
Cap Rate 7.56%
NOI $83,112
Tenancy Multi
Price per SqFt $65
Year Built 1968
Investment Type Stabilized
Multifamily | 7.56% CAP | 18 Units
Marketing description
Introducing a prime investment opportunity in the heart of Moorhead, MN featuring 18 units and 10 single stall garages. With its desirable location and strong rental demand, this property encapsulates the essence of a sound multifamily investment, presenting an opportunity for immediate and long-term returns in the thriving Moorhead area.
Investment highlights
- Long term tenants
- 18 units + 10 garages
- Near 100% historical occupancy
- Great Downtown Moorhead location
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
$83,112.00
$6,926.00/mo
Valuation Metrics
0
DSCR
7.56%
Cap Rate
7.56%
ROI
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