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315 Hill St
Lansing, MI 48912
Asking Price
$400K
Asset Type
Distribution Industrial
Class
Class B
What's Special
City of Lansing Industrial with fenced storage yard <ul><li>Three overhead doors for efficient loading and unloading: 8' tall, 10' tall, and 12' tall</li><li>Overhead craneways throughout the building, perfect for moving heavy materials and equipment</li><li>Fenced outdoor storage yard providing secure space for inventory, vehicles, or equipment</li><li>Additional concrete parking lot located directly across the street for ample employee and visitor parking</li><li>Compressed air system with compressor and air lines plumbed throughout the bu
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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.977
Annual Cash Flow
$56,252.278
