121 W Cumberland St

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121 W Cumberland St

Philadelphia, PA 19133
Asking Price
$2.30M
Cap Rate
7.29%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 11 Units | $209,091/unit <ul><li>​<strong>STABILIZED 11-UNIT MULTIFAMILY ASSET</strong> – Well-performing apartment building with stable occupancy and strong in-place income.</li><li>​<strong>ATTRACTIVE YIELD PROFILE</strong> – Projected 7.29% cap rate at the $2,300,000 offering price.</li><li>​<strong>STRONG CASH FLOW</strong> – Projected $48,663 annual cash flow after debt service.</li><li>​<strong>FAMILY-ORIENTED UNIT MIX</strong> – Nine (9) 2BR units and two (2) 3BR units provide broad tenant demand.</li><li>​<stron

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NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741

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