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28 Merchants Plaza
Bangor, ME 04401
Asking Price
$8.60M
Asset Type
Apartment Building Retail
Class
Class B
What's Special
<ul><li><span style="font-size: 13px">28 Merchants Plaza, Bangor, Maine</span></li><li><span style="font-size: 13px">Number of Units: </span>34 (plus street-level retail/office)</li><li><span style="font-size: 13px">Number of Buildings/Stories: </span>1 building, 7 stories</li><li><span style="font-size: 13px">Year Built: </span>1900 (Renovated 1997)</li><li><span style="font-size: 13px">Land Area: </span>0.13 Acres</li><li><span style="font-size: 13px">Siz e39,704 SF</span></li><li>Total
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NOI
$80,000
Cap Rate
0.93%
DSCR
0.16
Underwater
Cash-on-Cash
-16.69%
Monthly Payment
$42,548.108
Annual Cash Flow
$-430,577.292
