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2400 Barton Avenue
Richmond, VA 23222
Asking Price
$2.75M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
18 2BD Apartments on a Prominent Corner Parcel <ul><li>Rental upside potential</li><li>Renovated 2 bedroom apartments </li><li>Walkable neighborhood amenities, minutes from Brookland Park Boulevard</li><li>$300,000+ in capital improvements</li></ul>
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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995
