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🏢 Just listed — Apartment Building Multifamily for sale in Clear Lake, IA.

📍 207 8Th Avenue S, Clear Lake, IA
🏷  Apartment Building Multifamily · For Sale
💰 $260K

Multifamily | 2 Units

Full financials, photos, and broker contact:
https://commrty.com/property/iowa/clear-lake/207-8th-avenue-s-2529233-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=207-8th-avenue-s-2529233

#ClearLake #Multifamily #CommercialRealEstate #CRE #Investment

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Home/IA/Clear Lake

207 8Th Avenue S

Clear Lake, IA 50428

Asking Price

$260K

Asset Type

Apartment Building Multifamily

Class

Class B

What's Special

Multifamily | 2 Units

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

30.78%

DSCR

5.18

Strong

Cash-on-Cash

82.81%

Monthly Payment

$1,285.843

Annual Cash Flow

$64,569.879

Location & Travel Times

Similar Properties Nearby

📍

$269K

Class B | Apartment Building

805 805 1/2 W 10TH Street, Clear Lake, IA 50428

Listed by Owner · For Sale