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740 W Princess Anne Rd
Norfolk, VA 23517
Asking Price
$2.40M
Cap Rate
6.27%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6.27% CAP | 8 Units <ul><li>Recent capital improvements</li><li>Central air</li><li>Off-street parking</li><li>In-unit washer and dryer</li><li>Large 2-bed, 2-bath units (1,650 SF)</li></ul>
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686
