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5223 Columbus Avenue
Anderson, IN 46013
Asking Price
$600K
Cap Rate
7.01%
Asset Type
Storefront Retail
Class
Class B
What's Special
Renovated mixed use with 20,000 views per day <p>-Renovated mixed use property with investor or owner/operator</p><p>-Corner lot with 20,000 vehicles daily combined at a signaled intersection</p><p>-1,600 sq ft retail space on ground level</p><p>-1,050 sq ft garage/storage space on ground level</p><p>-1,600 sq ft 3 bedrom, 2 bathroom apartment on second floor</p>
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NOI
$80,000
Cap Rate
13.33%
DSCR
2.25
Strong
Cash-on-Cash
24.65%
Monthly Payment
$2,968.473
Annual Cash Flow
$44,378.328
