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3116 Emerson Avenue North
Minneapolis, MN 55411
Asking Price
$420K
Cap Rate
9.89%
Asset Type
Apartment Building Retail
Class
Class B
What's Special
Retail | 9.89% CAP | 7,167 SqFt <ul><li>The property generates $79,812 in actual annual scheduled income with a projected actual NOI of $41,523, providing investors with immediate income from day one.</li><li>3116 Emerson Ave N offers a 9.89% actual cap rate and a 10.89% market cap rate, creating a compelling yield relative to many smaller multifamily and mixed-use assets.</li><li>The unit mix includes 4 residential apartments and 2 commercial spaces, reducing reliance on a single tenant type and creating multiple income so
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NOI
$80,000
Cap Rate
19.05%
DSCR
3.21
Strong
Cash-on-Cash
43.72%
Monthly Payment
$2,077.436
Annual Cash Flow
$55,070.767
