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2807 Lincoln Way
Sioux City, IA 51106
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
<ul><li>New stainless steel appliances</li><li>Composite hard surface countertops</li><li>Freshly painted cabinets with new hardware</li><li>New flooring</li><li>Free laundry service in each building</li><li>72 garage doors with ample on-site parking</li><li>22 full-sized storage units currently renting for $150/mo.</li><li>Extra land to build more units or expand on the existing storage</li><li>New light fixtures</li><li>New bathroom vanities</li><li>New stools</li></ul>
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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
