1614 Somerville Rd SE

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1614 Somerville Rd SE

Decatur, AL 35601
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

1614 Somerville Rd SE, Decatur, AL 35601 <ul><li>​16,764 SF unique design offering lots of charm</li><li>​16 units total, 14 two-bedroom units and 2 one-bedroom units</li><li>​Renovation updates and upgrades</li><li>​Covered parking and ample additional off-street parking</li><li>​Located in southeast area near Decatur Medical</li><li>​93.8% occupancy</li></ul>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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