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62 Broadway
Bangor, PA 18013
Asking Price
$1000K
Asset Type
Restaurant Retail
Class
Class B
What's Special
<p></p><p>• Historic Turn-of-the-Century Hotel, Restaurant & Bar Located in Downtown Bangor, PA</p><p>• Offered at $999,999 with Multiple Value-Add and Redevelopment Opportunities</p><p>• Approximately 29 Existing Room-Rental Units with Significant Upside Potential</p><p>• Potential Gross Room Rental Income of Approximately $280,800 Annually at Current Market Rates</p><p>• Spacious 4,064 SF Restaurant and Tavern with Commercial Kitchen</p><p>• Hotel Liquor License Included in Sale</p><p>• Elabor
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.449
Annual Cash Flow
$20,630.607
