Property Description

Here’s a 36 unit mixed use building located in Hamilton for sale at a 6.4% cap rate.  The building is in good condition and sits on a .22 acre lot.  Here are the quick numbers:

Purchase Info

• Square Feet (36 Units) 23,786
• Purchase Price $4,400,000
• Initial Cash Invested $1,276,000

Income Analysis – Monthly Annual

• Net Operating Income $23,527 $282,327
• Cash Flow $7,051 $84,616

Financial Metrics

• Cap Rate (Purchase Price) 6.4%
• Cash on Cash Return (Year 1) 6.6%
• Internal Rate of Return (Year 10) 15.6%
• Sale Price (Year 10) $5,913,232 (Projected)

Detailed Financial Review

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