900 FICKLEN RD

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900 FICKLEN RD

FREDERICKSBURG, VA 22405-2104
Asking Price
$900K
Cap Rate
8.41%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Historic 9-Unit Multifamily Estate on 3.56 Acres with Immediate Value-Add Upside <p><strong>Rare 9-Unit Multifamily Asset</strong></p><p> Highland Home offers a unique opportunity to acquire a historic multifamily property configured as nine apartment units, each benefiting from the character and scale of a landmark residential estate.</p><p><strong>Historic Second Empire / Victorian Architecture</strong></p><p> Built in 1880, the property features distinctive period architecture, including a mansard-style roofline, large windows, original character details, and a prominent

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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493

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