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706 18TH AVE
MOLINE, IL 61265
Asking Price
$360K
Cap Rate
10.03%
Asset Type
Apartment Building Retail
Class
Class B
What's Special
100% Leased | 3 Apartment & 2 Retail Units <ul><li>Fully leased mixed-use asset with residential, retail, and garage income</li></ul><p></p><ul><li>Recent unit updates, commercial improvements, and newer roof</li></ul><p></p><ul><li>Olde Town District location near restaurants, retail, and major employers</li></ul>
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NOI
$80,000
Cap Rate
22.22%
DSCR
3.74
Strong
Cash-on-Cash
54.28%
Monthly Payment
$1,781.084
Annual Cash Flow
$58,626.997
