801 West Montrose Street

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801 West Montrose Street

Clermont, FL 34711
Asking Price
$3.80M
Asset Type
Apartment Building Retail
Class
Class B

What's Special

Downtown Clermont Gem! 2nd Gen Restaurant, Lounge & Four Apartments in One Building <ul><li>​<strong>​</strong><strong style="color: rgba(0, 0, 0, 1)">Established Fine Dining Steak House with a Lounge and 4 fully leased apartments</strong></li><li>​<strong>​</strong><strong style="color: rgba(0, 0, 0, 1)">Extensively renovated in 2025, offering a turnkey opportunity</strong></li></ul><p></p><p><strong>Building has undergone major system upgrades, including new HVAC systems, updated electrical and plumbing infrastructure, and a professionally sealed roof with a five-year warrant

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NOI
$80,000
Cap Rate
2.11%
DSCR
0.35
Underwater
Cash-on-Cash
-12.77%
Monthly Payment
$18,795.379
Annual Cash Flow
$-145,544.55

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