Investment-Property

POTENTIAL INVESTMENT RETURN – House likely to lease for $2,500+/Month – Shop likely to lease for $1,600+/Month – Tenants to Cover Utilities – Assume $49,200 of Annual Lease Income – Estimated Expenses of $9,000/Year – At $480,000, A New Buyer Would Achieve a 7.6% CAP Rate   – Shop and House have: * Separate Addresses […]

*313 Sheridan Ave, Plentywood, MT *5 Unit Apartment Complex *For Sale $210,000 *3,592 SF Building *0.318 Acres of Land *Built 1948/Remodeled 2010 *5 Units Rented @ $500/mo *Tenants Pay Electric *Currently NOI = $17,906/yr *Current Cap Rate = 8.5% *Room to Raise Rents to $600/mo *Pro Forma NOI = $23,906/yr *Pro Forma Cap Rate = […]