Description
ANOTHER 422 OPPORTUNITY !!! This is a 3 building, 4 tenant investment property situated on 3+ acres. Property is 100% leased. NOI is approx $128k+/year. Taxes for '24 at 2% discount are $28811, insurance is $12575 and CAM is $25000. 3 tenants are multi-year terms, 1 tenant prefers renewing year-to-year, and has done so for 15-20 years. Seller specifies sale, "As Is". Rear home on 1.44 acres can also be purchased for additional monies and is also zoned C-1. Total square footage of all leased space is 23,000 and this includes upper and lower levels. Zoning and flyer attached under docs.
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0BEDS
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3.02ACRES
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0BATHS
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01/2 BATHS
Description
ANOTHER 422 OPPORTUNITY !!! This is a 3 building, 4 tenant investment property situated on 3+ acres. Property is 100% leased. NOI is approx $128k+/year. Taxes for '24 at 2% discount are $28811, insurance is $12575 and CAM is $25000. 3 tenants are multi-year terms, 1 tenant prefers renewing year-to-year, and has done so for 15-20 years. Seller specifies sale, "As Is". Rear home on 1.44 acres can also be purchased for additional monies and is also zoned C-1. Total square footage of all leased space is 23,000 and this includes upper and lower levels. Zoning and flyer attached under docs.
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