1902 Main Street

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1902 Main Street

Granger, IA 50109
Asking Price
$350K
Asset Type
Single Family Rental Portfolio Retail
Class
Class B

What's Special

Prime Mixed-Use Opportunity <ul><li>​Prime mixed-use property in Granger’s Main Street location</li><li>​Immediate cash flow with restaurant + residential income</li><li>​Fully equipped Mexican restaurant (all equipment, tables & chairs included)</li><li>​2-bedroom apartment generating $3,500/month</li><li>​Flexible options: owner-occupy, lease, or reposition</li><li>​Month-to-month tenant open to staying</li><li>​Strong opportunity for investors or owner-operators</li><li>​Located in a growing Dallas County community</li>

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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