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1101, 1105, 1107 East Market Street and 206 11th Street NE
Charlottesville, VA 22902
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.584 acres <ul><li>The existing building on 1101 E. Market St will be renovated for non-residential use.</li><li>E. Market St. One story of underground parking and five stories of apartments.</li><li>11 St. N.E.: One story of underground parking and five stories of apartments.</li><li>Total height of the building will be 55’ on E. Market and 11th St N.E.</li><li>Approximately 85 apartments. This includes 8 affordable units.</li><li>Recreation area will be located on roof of the apartments along E. Ma
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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
