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510 LILLY RD SE
OLYMPIA, WA 98501-2148
Asking Price
$3.70M
Cap Rate
5.45%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
20 Stabilized Units with Seller Financing <ul><li><strong>Ideal Unit Mix: </strong>Lilly Apartments features a total of 20 units across two buildings, with a great unit mix of both one- and two-bedroom floorplans. Ownership has fully renovated 16 units, partially renovated two units, and left the remaining two units in classic condition ready for renovation under the already proven scope.</li><li><strong>Attractive Seller Financing Option: </strong>There is an opportunity to take advantage of investor-friendly seller financing that dr
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NOI
$80,000
Cap Rate
2.16%
DSCR
0.36
Underwater
Cash-on-Cash
-12.58%
Monthly Payment
$18,305.581
Annual Cash Flow
$-139,666.975
