209 2nd Street Southeast

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209 2nd Street Southeast

Belfield, ND 58622
Asking Price
$799K
Cap Rate
8.08%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

8-Unit Multifamily Investment | Belfield ND <p><span style="color: rgba(35, 31, 32, 1)">• CAP: 8.08%</span></p><p><span style="color: rgba(35, 31, 32, 1)">• 2 Bed, 2 Bath, (4) units</span></p><p><span style="color: rgba(35, 31, 32, 1)">• 3 Bed, 2 Bah, (4) units</span></p><p><span style="color: rgba(35, 31, 32, 1)">• 8 Garages, single stall</span></p><p><span style="color: rgba(35, 31, 32, 1)">• Onsite parking</span></p><p><span style="color: rgba(35, 31, 32, 1)">• Units separately metered for water and electric</span></p><p><span style="c

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NOI
$80,000
Cap Rate
10.01%
DSCR
1.69
Strong
Cash-on-Cash
13.59%
Monthly Payment
$3,953.016
Annual Cash Flow
$32,563.807

Location & Travel Times