Great Opportunity to own a positive cash flowing investment property in an excellent location! Tenants have been in property for 7+ years and have a little over 2 years left on their lease. All brick one level building is currently being used for daycare facilities. There are 5 half bathrooms and 2 kitchens and several wash bin locations throughout the building. The roof was replaced 8 years ago and there was some exterior drainage and concrete work done recently as well. All of this and a Cap Rate of 10.45%! Please Do Not Disturb the Tenants!
|Price Reduced from $635,000 to $595,000|
Information from Third Parties, Deemed Reliable but Not Verified.
Listings displaying the MARIS logo are courtesy of Mid America Regional Information Systems Internet Data Exchange.