303 Corman Ave

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303 Corman Ave

Troy, AL 36081
Asking Price
$440K
Asset Type
Traditional Office Retail
Class
Class B

What's Special

Retail | 3,155 SqFt <ul><li>​Excellent investment opportunity featuring approximately 1 acre of commercial property with two existing buildings</li><li>​1,355 sq ft home built in 1972, offering 3 bedrooms and 1 bath, currently operating as a furnished rental property</li><li>​Approximately 1,800 sq ft office/warehouse building, presently occupied by a local business that will be relocating</li><li>​Situated in a highly visible and convenient location directly behind McDonald's and Guardian Credit Union</li><li>​Str

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NOI
$80,000
Cap Rate
18.18%
DSCR
3.06
Strong
Cash-on-Cash
40.82%
Monthly Payment
$2,176.88
Annual Cash Flow
$53,877.441

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