312 N Lawler St

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312 N Lawler St

Mitchell, SD 57301
Asking Price
Contact for price
Cap Rate
7%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

312 N Lawler St, Mitchell, SD 57301 <ul><li>​Price Negotiable. </li><li>​Stabilized in-place cash flow with diversified residential and commercial income</li><li>​Downtown Mitchell location with walkable access to services and employment drivers</li><li>​Historic brick construction (1905) with durable architecture</li><li>​Attractive basis relative to replacement cost for comparable downtown product</li><li>​Upside potential via rent optimization, expense controls, and selective improvements</li></ul>

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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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