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646 ELDORADO ST
FORT PIERCE, FL 34949-3505
Asking Price
$1.20M
Cap Rate
4.16%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Coastal Quadplex two blocks from the ocean! <ul><li><span style="color: rgba(6, 34, 57, 1)">Strong In-Place Cash Flow - ~$81,000 Gross Annual Income</span></li><li><span style="color: rgba(6, 34, 57, 1)">The buildings currently averages approximately $1,687.50 per unit in monthly rent, generating projected gross income of approximately $6,750 monthly and $81,000 annually across the eight-unit portfolio.</span></li><li><span style="color: rgba(6, 34, 57, 1)">Four Large-Format Units with Proven Rental Demand</span></li><li><span style="
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
