108 Southeast 6th Street

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108 Southeast 6th Street

College Place, WA 99324
Asking Price
$1.40M
Cap Rate
6.24%
Asset Type
Multifamily
Class
Class B

What's Special

6.24% CAP <p>RENTAL UPSIDE - Strong Upside in Already Achieved Rents</p><p></p><p>DESIRABLE UNIT MIX - Primarily All Attractive High Demand Two-Bedroom Units</p><p></p><p>TIGHT OCCUPANCY - Extremely Low Vacancy on Highly Sought After Location</p><p></p><p>CIVIC CORE LOCATION - Ideally Located Next to City Hall, Police Headquarters and Fire Station</p><p></p><p>PROFESSIONAL OVERSIGHT - Professionally Managed and Maintained</p>

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

Location & Travel Times