1013 8TH AVENUE N

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1013 8TH AVENUE N

BESSEMER, AL 35020
Asking Price
$1.80M
Asset Type
Retail
Class
Class B

What's Special

Retail | 26,400 SqFt <ul><li>​Prime Commercial Property-3 parcels (1013 8th Ave N., 831 11th St. N. and 817 12th ST N)</li></ul><p>Zoned SC1, C4, and R2</p><p>​</p><ul><li>​It has 5 Commercial Buildings, 1 Bath House (toilets, sinks, and showers) which includes men's and women's facilities, and 5 Commercial Sheds. Square footage is much higher than reported in the basic information. Square footage of the 5 commercial buildings varies but totals all together about 26,400 sq. ft plus additional office and concession s

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

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