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1600 Stone Street
Falls City, NE 68355
Asking Price
$450K
Cap Rate
10.73%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Multi use commercial building with 3 storefronts and 3 apartments <p>A turn key commercial building situated in the heart of Falls City's business district on Stone Street. The 3-2nd story apartments are well maintained and recently renovated. The currently are full furnished and include all the need home good. These apartments are furnished to the point that the tenants just bring suitcase weather its for short term rentals or full-time leases. Currently utilities are included in the rents but each unit does have separate utilities.</p><p></p><p>On the street
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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
