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20-Unit Apartment Grossing $195k/yr

208 N Church St, Hillsboro
ROI
21.14% IRR
Strategy
Long Term Rental
20-unit apartment grossing $195k/yr. Renovated in 2021 with new HVAC, appliances, roof, siding, floors, counters, paint. All 2 bed, 2 bath units rented for $750-1000/mo. Tenants pay utilities.

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20-Unit Apartment Grossing $195k/yr

Listed 03/11/2024

208 N Church St, Hillsboro

Purchase Price:$1,600,000

Cash Outlay:$512,000

Cashflow:$2,546/mo

Cap Rate:7.91%

IRR:21.14%

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