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3023 Aspen Drive
Cape Girardeau, MO 63701
Asking Price
$1.10M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 12 Units <ul><li>Fully occupied, cash flowing multifamily investment property</li><li>12 unit complex with spacious 2 bedroom, 1.5 bathroom units</li><li>Each unit equipped with in unit laundry</li><li>Strong occupancy and established rental income</li><li>Immediate cash flow</li><li>Potential value add opportunities for increased returns</li><li>Well maintained multifamily property</li><li>Highly convenient central location</li></ul>
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602
