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221 East Clay Street
Richmond, VA 23219
Asking Price
$1.05M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Ideal for Owner-Occupant with Opportunity to Scale <ul><li>POTENTIAL FOR UP TO 4 UNITS</li><li>FULLY RENOVATED CORNER MIXED USE</li><li>RIGHT ACROSS FROM RICHMOND CONVENTION CENTER</li><li>POTENTIAL FOR SHORT TERM RENTAL</li><li>DUAL GROUND FLOOR STOREFRONT/CONCEPT POTENTIAL</li></ul>
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NOI
$80,000
Cap Rate
7.62%
DSCR
1.28
Strong
Cash-on-Cash
5.61%
Monthly Payment
$5,194.827
Annual Cash Flow
$17,662.075
