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18 N A St
Norwich, CT 06380
Asking Price
$595K
Cap Rate
16.29%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
$85K per Unit Basis vs $130K Stabilized Comps <ul><li>Priced at $85K/unit vs $130K stabilized comps</li><li>16.29% projected cap rate at stabilization</li><li>Strong 2.29x DSCR with 42%+ projected returns</li><li>Lease-up and renovation-driven value creation</li><li>Proven submarket with strong recent comparable sale</li></ul><p></p>
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NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176
