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1301 Broadway Ave
Everett, WA 98201
Asking Price
$1.59M
Asset Type
Commercial Land
Class
Class B
What's Special
Broadway Opportunity Zone Assemblage <ul><li>Potential option to retain sellers development company to fee build townhomes if desired</li><li>Open to seller-financing conversation on case-by-case basis</li><li>Option to acquire 1-2 adjacent parcels via contract rights</li><li>Seller will take through permitting for buyer if desired</li><li>No minimum parking required</li><li>Development terms OK</li></ul>
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NOI
$80,000
Cap Rate
5.02%
DSCR
0.84
Underwater
Cash-on-Cash
-3.07%
Monthly Payment
$7,891.19
Annual Cash Flow
$-14,694.277
