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202 S BROADWAY AVE
ALBERT LEA, MN 56007
Asking Price
$450K
Asset Type
Retail
Class
Class B
What's Special
Redevelopment Building For Sale <p>Turn-of-the-century redevelopment building </p><p>Good bones </p><p>Dry foundation </p><p>Corner lot </p><p>Terrazzo floors </p><p>Potential apartments on 2nd & 3rd floors </p><p>City grants available </p><p>Copper balcony</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
