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803 North Main Street
Ashland, OR 97520
Asking Price
$1.10M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
12 - Unit Multifamily | N. Main St Frontage | Ashland <ul><li><span style="color: rgba(39, 49, 57, 1)">One Mile from Downtown Ashland & the Elizabethan Theatre</span></li><li><span style="color: rgba(39, 49, 57, 1)">Zoned R-2 with potential for additional development along N. Main Street</span></li><li><span style="color: rgba(39, 49, 57, 1)">Income Upside from Four Vacant Units in need of repairs or renovations</span></li><li><span style="color: rgba(39, 49, 57, 1)">Desirable Single-Level Construction</span></li></ul><p></p>
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602
