151 Central Avenue South

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151 Central Avenue South

Valley City, ND 58072
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

47 Unit Downtown Apartment Building <p>46 1-Bedroom/1-Bathroom Units</p><p>1 Efficiency Unit</p><p>Handicap Accessible</p><p>Elevator</p><p>Air Conditioning</p><p>Laundry Room</p><p>Smoke Free Building</p><p>Located in the Opportunity Zone</p><p>Currently 26 units are occupied by tenants that have obtained a voucher from the local housing authority that pays a portion of their rent based on income</p><p>Turn of the century building that was refurbished in the 1980's</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

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