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546 W 2nd St
Webster City, IA 50595
Asking Price
$875K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 14 Units <ul><li>Recent capital improvements include:</li><li>Tuck-pointing and masonry repairs throughout the exterior facade</li><li>Replacement of the roofing late last year.</li><li>Replacement of all above grade domestic plumbing lines with new PEX piping.</li><li>Replacement of the main storefront RTU with a new packaged heating/cooling unit.</li><li>Replacement of the convenience store furnace and AC unit.</li><li>Installation of new gutters.</li><li>Replacement of approximately 40% of the
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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,329.023
Annual Cash Flow
$28,051.729