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1090 Chisolm Avenue
Bridgeport, AL 35740
Asking Price
$99K
Asset Type
Office
Class
Class B
What's Special
Rental Income Potential in Bridgeport <p><span style="color: rgba(0, 0, 0, 1)">Rental Apartment/Office Renovation Project and Self-Storage Units. The property includes 10-15x10 and 15-10x10 self-storage units, and a 1,600 sq. ft. apartment/office unit with one bedroom and one bathroom, suitable for rental income. Current monthly rental rates are $50-$79 for the medium units and $99 for the larger units. Additional income opportunity as an Authorized U-Haul dealer. </span></p>
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NOI
$80,000
Cap Rate
80.81%
DSCR
13.61
Strong
Cash-on-Cash
249.57%
Monthly Payment
$489.798
Annual Cash Flow
$74,122.424
