■ Sale Price: $875,000 / 9.13 Cap Rate
■ Assumable Private Financing on original loan of $720,000 with a current balance of $672,000 amortized over 30 years at 7% with 25 years remaining
■ Approximately 7,963 SF mixed-use building with 9 Units on an approximately 10,000 SF lot
■ Building consists of five 2br/2ba, approximately 840 SF each, upper level residential units and four retail and/or office lower level units with front and rear alley parking
■ Building is 95% occupied with current tenants paying below market rental rates
■ 420 SF available to potentially a total of 1,520 SF at $1.10/SF Gross
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.
Cell: 619-300-8819 Home office: 619-286-5604
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