1324 Belmont Ave

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1324 Belmont Ave

Salisbury, MD 21804
Asking Price
$450K
Cap Rate
7.34%
Asset Type
Medical Office Office
Class
Class B

What's Special

5-Year Tenant in place <ul><li>​<span style="color: rgba(33, 37, 41, 1)">Prominent location within a well-established professional park</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Fully leased professional office investment</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Stabilized asset with immediate income in place</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Attractive, well-maintained building</span></li></ul><p></p>

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

Location & Travel Times