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1345 E Street
Salida, CO 81201
Asking Price
$749K
Asset Type
Commercial Multifamily
Class
Class B
What's Special
Investment opportunity <ul><li>Large Mixed-Use Neighborhood (MU-N) zoned property</li><li>4 Lots Included</li><li>Stunning mountain views</li><li>Outstanding development flexibility</li><li>Strong income potential</li><li>Currently features a 3 bedroom, 1 bath home and a detached garage</li><li>May accommodate up to 5 residential units</li><li>Allows for a variety of commercial and lodging uses</li><li>Prime location near downtown amenities, restaurants, shopping, recreation, and bike paths</li><li>Corner Lo
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NOI
$80,000
Cap Rate
10.68%
DSCR
1.80
Strong
Cash-on-Cash
15.81%
Monthly Payment
$3,705.643
Annual Cash Flow
$35,532.28