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1307 - 1321 Fir Lane
Mount Vernon, WA 98273
Asking Price
$1.79M
Cap Rate
6.2%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6.20% CAP | 7 Units <ul><li>This 7 unit complex is located on a private lane off of Fir Street with Riverside Drive the arterial to the west.</li><li>The layout consists of 3 pods comprised of either 2-or 3 units with charming exposed beams.</li><li>2 bedrooms and 1 bath, laundry hook ups in each unit, carport and a back yard.</li></ul>
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NOI
$80,000
Cap Rate
4.48%
DSCR
0.75
Underwater
Cash-on-Cash
-4.87%
Monthly Payment
$8,841.101
Annual Cash Flow
$-26,093.212
