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425 18th Street
Moline, IL 61265
Asking Price
$350K
Cap Rate
9.92%
Asset Type
Apartment Building Retail
Class
Class B
What's Special
100% Leased | 1 Apartment & 4 Commercial Units <ul><li>Downtown Moline mixed-use asset with off-street parking</li></ul><p></p><ul><li>Two long-term commercial tenants with 20+ years of occupancy</li></ul><p></p><ul><li>Visible corner location with multiple commercial income streams</li></ul>
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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692
