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123 11th Avenue SE
Rochester, MN 55904-3147
Asking Price
$450K
Cap Rate
7.11%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 5 Units | $90,000/unit <ul><li>Excellent opportunity to own a fully occupied 5-unit multifamily property in a growing area with strong rental demand and long-term upside potential</li><li>This income-producing asset has a proven history of full occupancy and consistent cash flow, making it an attractive option for both seasoned investors and those looking to expand their portfolio</li><li>With rents continuing to rise in the area, there is additional opportunity for increased returns over time</li><li>The property
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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
