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National Building - Priced to Move! Over 7.5% cap rate - Fully renovated and brand-new build out of 7 unit mixed use residential and commercial building. Close to 8000 square feet - Four one bedroom one bath residential units, and three commercial store front units. Upper apartments are fully rented and all newly renovated. Almost $500,000 of development and renovations put into the building. Gross rents for building total $9490 a month or $113,880 a year. Completely turnkey with very little expenses annual net revenue totaling over $100,000. Conveniently located on the corner of 93rd and National situated close to restaurants, shopping, city parks, and Hwy 94 & Hwy 100. Also listed on MLS as a commercial property.
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8 Beds
16 Baths
20,000 Sq ft
$35,000,000
MLS# 1834746
Active With Offer

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Copyright 2022 MetroMLS. All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified. Updated: 2nd June, 2023 10:22 PM (UTC)
Listing Agent: Peter Adams
Listing Office: Coldwell Banker Realty