1828 West 11th Street

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1828 West 11th Street

Wilmington, DE 19805
Asking Price
$399K
Asset Type
Apartment Building Retail
Class
Class B

What's Special

Investment Property For Sale <ul><li>​<span style="color: rgba(33, 37, 41, 1)">2,976 +/- SF three-story freestanding restaurant/multi-family building</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Three stories plus basement</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Fully leased with existing restaurant tenant currently leasing the entire building</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Income-producing investment opportunity</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">

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NOI
$80,000
Cap Rate
20.05%
DSCR
3.38
Strong
Cash-on-Cash
47.04%
Monthly Payment
$1,974.034
Annual Cash Flow
$56,311.588

Location & Travel Times