Listed by cRc Nationwide
$2,300,000
361 South 300 West - Delta Multi-Family Investment
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,800
Units 19
Cap Rate 9.57%
NOI $220,000
Price per SqFt $261
Class C
Year Built 1979
Buildings 2
Stories 1
Acreage 0.330
Multi-Family Investment Opportunity
Marketing description
- 8,800 SF MULTI-FAMILY BUILDING
- (19) UNITS TOTAL
- (11) ONE BEDROOM UNITS AT 400 SF
- (8) TWO BEDROOM UNITS AT 500 SF
- REMODELED UNITS
- SITE SIZE: 0.33 ACRES
- LAUNDRY ROOM ON SITE
- ADDITIONAL STORAGE SPACE
- NEARBY ACCESS TO S.R. 6
- NOI: $220,000.00
- CAP Rate: 9.5%
PRICE REDUCTION!
SELLER FINANCING AVAILABLE - $400,000 DOWN
Investment highlights
Purchase Price: $2,300,000.00
- NOI: $220,000.00
- CAP Rate: 9.5%
$400,000 Down
Listing Contacts
Listed by cRc Nationwide
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$220,000.00
$18,333.33/mo
Valuation Metrics
0
DSCR
9.57%
Cap Rate
9.57%
ROI
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