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59 Grand Ave
Johnson City, NY 13790
Asking Price
$625K
Cap Rate
8.07%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 8.07% CAP | 8 Units <ul><li>8-unit multifamily investment opportunity in Johnson City, NY</li><li>Unit mix consists of eight one-bedroom apartments</li><li>Located in the heart of Johnson City's expanding healthcare and education corridor</li><li>Walking distance to the new UHS medical complex</li><li>Walking distance to Binghamton University's School of Pharmacy and Pharmaceutical Sciences</li><li>Near Binghamton University's Decker College of Nursing and Health Sciences</li><li>Ideally positioned for healt
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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092