111 Oak Ridge Drive

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111 Oak Ridge Drive

Denison, IA 51442
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily <p><strong>OAK RIDGE DRIVE DUPLEXES</strong></p><p></p><p></p><p><strong>NEWER CONSTRUCTION ASSET WITH LIMITED CAPITAL REQUIREMENTS </strong></p><p>Constructed between 2014 and 2017, the portfolio represents a modern, purpose-built rental product with minimal near-term capital expenditure needs. The assets reflect contemporary design standards, reducing operational risk and preserving cash f low durability. </p><p></p><p><strong>RETAIL EXIT OPTIONALITY THROUGH INDIVIDUAL PARCEL STRUCTURE </stron

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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

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