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638 South Paca Street
Baltimore, MD 21230
Asking Price
$2.94M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Value-Add Opportunity (16 Units) in Ridgely's Delight | Rare 1980s Construction | Baltimore, MD <ul><li>Opportunity to Acquire a Prime Value-Add Opportunity in SW Baltimore</li><li>Ability to Increase Rents Via Renovation Program</li><li>Excellent Ridgely's Delight Location; 5 Minute Walk Away from University of Maryland, Baltimore and UMMC</li></ul>
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NOI
$80,000
Cap Rate
2.72%
DSCR
0.46
Underwater
Cash-on-Cash
-10.73%
Monthly Payment
$14,570.253
Annual Cash Flow
$-94,843.038
