4847 Rutgers Street NW

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4847 Rutgers Street NW

Roanoke, VA 24012
Asking Price
Contact for price
Cap Rate
6.52%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

102-Unit Workforce Housing Community | Stable Operations | $1.7MM+ Invested Since 2021 <h3>Flexible Financing Alternatives</h3><p>The Property may be acquired through assumption of existing Fannie Mae financing featuring a fixed 5.49% interest rate and approximately 48 months remaining to maturity or through a traditional free-and-clear acquisition structure, providing flexibility to accommodate a variety of investment strategies and capital structures.</p><p></p><h3>Significant Capital Improvements Completed</h3><p>More than $1.7 million invested since 2021, including approximate

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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