234 S HACKETT RD

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234 S HACKETT RD

WATERLOO, IA 50701-1660
Asking Price
$425K
Asset Type
Religious/Church Mixed-use
Class
Class B

What's Special

Owner/User or Investment Opportunity <p><span style="color: rgba(0, 0, 0, 1)">Owner/User or Investment opportunity! Large property, ideal for church space. Currently 50% leased. Property offers ample space for congregation and/or meeting rooms as well as entertainment/gathering area with kitchen. Large parking area and convenient location make this a great location.</span></p>

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NOI
$80,000
Cap Rate
18.82%
DSCR
3.17
Strong
Cash-on-Cash
42.96%
Monthly Payment
$2,102.668
Annual Cash Flow
$54,767.983

Location & Travel Times