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Listing Details
- $550,000
- MLS# 962643
- Type Multi Unit - Multiple
- Status Active
Local Information
Listed By
Agency Name: BHHS Professional Realty
Agency Phone: (937) 436-9494
Shown By
Agent Name: Mike Meyer
Agent Phone: Cell: (937) 657-3193
Agency Title: Irongate Inc., Realtors
Home Value Estimate
Description
Rare Four-Unit Investment Opportunity in Highly Desirable Waynesville!6.55% Current CAP • Approx. 8.80% Pro Forma CAP • Fully Occupied • New Roof (2026) • Tenants Pay All UtilitiesRare opportunity to acquire a fully occupied four-unit apartment building in the highly desirable Waynesville rental market. Offering an approximate 6.55% current capitalization rate at the asking price, this property also presents exceptional upside through below-market rents. Current gross annual income is $47,640, while estimated market rents of approximately $1,250 per unit have the potential to increase annual gross income to approximately...read more
Features
- Window Unit
- Electric
- $10,688 Taxes
- Built in 1966
Gallery
Listed By
Agency Name: BHHS Professional Realty
Agency Phone: (937) 436-9494
Shown By
Agent Name: Mike Meyer
Agent Phone: Cell: (937) 657-3193
Agency Title: Irongate Inc., Realtors
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