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917 2nd St SW
Rochester, MN 55902
Asking Price
$1.30M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Multifamily | 8 Units | $162,500/unit <p></p><p><span style="color: rgba(35,31,32,var(--O42jJQ,1))">Infill development site in the heart of Rochester, anchored by the world-renowned Mayo Clinic (44,000+ employees; $5B expansion underway). Ideal for multifamily, senior housing, hospitality, or mixed-use development.</span></p><p></p><ul><li><span style="color: rgba(35,31,32,var(--O42jJQ,1))">Walking distance to Mayo Clinic Hospital, Saint Mary’s Campus And Mayo Clinic Downtown Campus</span></li></ul><p></p><ul><li><span style="colo
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
