987 Clock Tower Dr

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987 Clock Tower Dr

Springfield, IL 62704
Asking Price
$850K
Cap Rate
9.88%
Asset Type
Storefront Retail
Class
Class B

What's Special

Mixed Use | 11 Units | 9.88% Cap | 100% Occupancy | Residential & Commercial | Stabilized <ul><li>​Diversified tenant mix</li><li>​Strong in-place income</li><li>​Ideal for 1031 exchange or portfolio expansion</li><li>​Seller is offering properties FSBO and will cooperate with buyer agents. Seller is offering a 2.5% buyer agent commission</li></ul>

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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965

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