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652 Northgate Cir
Rochester, IN 46975
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 60 Units | $89,917/unit <p><span style="color: rgba(0, 0, 0, 1)">· The property includes a balanced unit mix of 24 studio units, 26 two-bedroom townhomes, and 10 two-bedroom apartment units, catering to a wide range of tenant needs. Notably, the two-bedroom townhomes and two-bedroom apartment units are equipped with in-unit washer and dryer, enhancing tenant convenience and overall desirability.</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">· Northgate Apartments is currently operating at high occupancy, de
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
