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3906 E Main St
Knoxville, IA 50138
Asking Price
$795K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Small apartment complex with restaurant <ul><li>The building itself has owners quarters located directly above the restaurant, perfect for working and managing the property and business. Six other apartment units are fully occupied and provide steady income with low vacancy rates.</li><li>6 Fully Occupied Apartments</li><li>2/2 Owners Quarters (or Rental Units)</li><li>Paved Parking</li><li>2.25 Acres</li><li>Restaurant:</li><li>This property comes with a fully equipped restaurant that is a popular spot amongst locals. It seats
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NOI
$80,000
Cap Rate
10.06%
DSCR
1.69
Strong
Cash-on-Cash
13.75%
Monthly Payment
$3,933.226
Annual Cash Flow
$32,801.285
