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725 Glacier Dr
Eau Claire, WI 54720
Asking Price
$2.20M
Cap Rate
6%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 10 Units | $220,000/unit <ul><li><span style="color: rgba(0, 0, 0, 1)">Opportunity to increase rents on 7 units within the next 12 months, supported by higher rents demonstrated at the adjoining identical property</span></li><li><span style="color: rgba(0, 0, 0, 1)">Located in an area of fast growing new development</span></li><li><span style="color: rgba(0, 0, 0, 1)">Custom finishes</span></li></ul><p></p><p></p>
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796
