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5843 U.S. 6
Portage, IN 46368
Asking Price
$1.60M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
Dual-unit building — operate one side, lease the other for immediate rental income | 7343 Sq Ft. <p>Dual-unit building — operate one side, lease the other for immediate rental income</p><p>Turnkey auto facility at a signalized US-6 intersection — all lifts, equipment & inventory included</p><p>35+ years of operating history, SBA financing eligible, 30 miles to downtown Chicago</p>
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
