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4471 24th Avenue South
Fargo, ND 58104
Asking Price
$1.85M
Asset Type
Hotel Hospitality
Class
Class B
What's Special
Hospitality, office or retail development land <ul><li>Located in one of Fargo’s premier retail corridors</li><li>Excellent visibility and full-access intersection for easy customer access</li><li>Some of the highest daily traffic counts in the FM area, with an average of approximately 35,000 cars per day!</li><li>Near Interstate and surrounded by national and local retailers</li><li>High residential density area with 168 new multifamily units under construction right next door and the newly built MAKT development which includes 90 apar
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NOI
$80,000
Cap Rate
4.33%
DSCR
0.73
Underwater
Cash-on-Cash
-5.37%
Monthly Payment
$9,150.732
Annual Cash Flow
$-29,808.79