Main Avenue

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Main Avenue

Ashtabula, OH 44004
Asking Price
$1.50M
Cap Rate
8%
Asset Type
Retail
Class
Class B

What's Special

102-Unit Historic Adaptive Reuse Portfolio - Complete Architect Package - High Yield Pro-Forma <ul><li>​Unrivaled Scalability: Finding nearly 160,000 SF of urban core density across a contiguous block is virtually impossible in this regional sub-market. This portfolio gives an incoming fund immediate, unshakeable market dominance.</li><li>​Advanced Architectural De-Risking: Substantial private capital has already been deployed to engineer highly advanced, space-optimized architectural layouts. This slashes holding costs by months, moving the incoming buyer straight to construction pricing

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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