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36 Evening Star Ln
Martinsville, VA 24112
Asking Price
$1.60M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 39 Units <p>39-Unit MHC that includes 14 walk-up apartment units. Lots of upside here in both rents and occupancy. The property is on all public utilities. Sale also includes 17 park-owned mobile homes. VA broker of record is Patrick L. Reynolds, CCIM, SIOR, NAI Dominion.</p>
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
