106 North 10th Street

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106 North 10th Street

Fort Dodge, IA 50501
Asking Price
$1.77M
Asset Type
Apartment Building Retail
Class
Class B

What's Special

New Multifamily Listing | 48 Units | 10.12% Cap Rate | $37k/Unit | Fort Dodge, Iowa <p>CBRE is pleased to present the opportunity to acquire <strong>106 North Apartments</strong>, a 48-unit apartment community located at 106 N 10th Street in Fort Dodge, Iowa. Fort Dodge serves as a regional employment and retail hub for north-central Iowa and benefits from a diverse economic base, including manufacturing, healthcare, and agriculture-related industries.</p><p></p><p>The property features a robust unit mix of studio, one-bedroom, and two-bedroom layouts. The asset presents a comp

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NOI
$80,000
Cap Rate
4.51%
DSCR
0.76
Underwater
Cash-on-Cash
-4.77%
Monthly Payment
$8,781.732
Annual Cash Flow
$-25,380.778

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