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2400 N Ave
Milford, IA 51351
Asking Price
$1.53M
Cap Rate
10.9%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 10.90% CAP | 5,664 SqFt <ul><li>Strategic Highway Location Serving Okoboji Lakes Corridor: The property is ideally positioned along U.S. Highway 71, the primary north-south corridor connecting regional traffic directly into the Iowa Great Lakes and Okoboji area—one of the Midwest's most popular seasonal destinations. This location captures a combination of consistent local traffic and significant seasonal tourism flow, providing strong visibility and accessibility for both residents and travelers. The surrounding trad
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NOI
$80,000
Cap Rate
5.23%
DSCR
0.88
Underwater
Cash-on-Cash
-2.36%
Monthly Payment
$7,569.605
Annual Cash Flow
$-10,835.262
