Ideal fully leased, 7.18%Cap Rate, investment opportunity. Two buildings for a total of 19 units (15,200 SqFt). All units are 20' X 40' with 12'w X 14'h overhead door and man door. Power outside of each door. All units leased with a waiting list. Management in place or manage yourself. $74,376 gross income with $20,525.36 expenses (2014) for a net income of $53,850.64 for a 7.18% CAP rate return. $750,000 / 15,200SqFt = $49.32 PSF. CCA dues include CAM, insurance, utilities.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
Listing information last updated on April 25th, 2018 at 6:34am MDT.