14 Unit Apartment Building Assignment - 11.42% CAP RATE
Fully leased apartment building. 14 X 1 bedroom units - 11,42% CAP RATE in Potosi Wisconsin.
$4,661.85 Monthly Cash Flow and NOI - $55,942.24. $10k Assignment Fee
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Offering
What neighborhood is this? The numbers look ok. Whats the price? Any rehab needed? I never seen or have been to anything that didnt need a little rehab.
Hey Elbert, Its a small town but fully leased property. I inspected the property last Friday and it's in excellent condition. Maybe 5k for a few cosmetic items. Price is 490K with 10k assignment fee. Send me your email and we will forward more details if needed.
Thanks
Mark
BiggerPockets
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