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230 Central Avenue South
Valley City, ND 58072
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
24 Units with Beautiful Character in Downtown Location <p>24 Units</p><ul><li>4 Efficiency</li><li>6 1-Bedroom/1-Bathroom</li><li>14 2-Bedroom/1-Bathroom</li></ul><p>Air Conditioning in All Above-Ground Units</p><p>Installed new railings on the exterior</p><p>Recent updates to some appliances and some floor covering</p><p>Updated lighting and blinds</p><p>79% occupied</p><p>Located in the Opportunity Zone</p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
