Over 7% cap rate on this stable 8 unit brick apartment building in the heart of Madrid. Large units of 800/SF, 2 bed/1 bath. New roof coming soon thanks to Derecho. Unit 1 is vacant for showings. All others can be shown during the due diligence period. Please refer to documents attached for proforma. Some newer appliances, flooring, some newer HVAC.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
