2401 Grandview Place

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2401 Grandview Place

Casper, WY 82601
Asking Price
$8.64M
Cap Rate
8.3%
Asset Type
Multifamily
Class
Class B

What's Special

Multifamily | 8.30% CAP | 67 Units <ul><li>​67 residential units within a condo project</li><li>​Strong in-place NOI of $712,172 (based on Seller provided info)</li><li>​Attractive 8.3% cap rate at asking price (based on recent appraisal)</li><li>​Stable occupancy and consistent rental income</li><li>​Potential long-term exit via condo sell-off strategy</li><li>​Turnkey investment with immediate cash flow</li></ul>

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NOI
$80,000
Cap Rate
0.93%
DSCR
0.16
Underwater
Cash-on-Cash
-16.71%
Monthly Payment
$42,770.743
Annual Cash Flow
$-433,248.917

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