Description
COLLINGSWOOD PROFESSIONAL CENTER located in Murdock. SEVEN (7) units ALL are currently leased. 800 SF per unit - total 5592 A/C area. $1000/ month rent per unit. Annual NET income is $75,000. 7% cap rate. RE taxes $7908.93, Insurance $2602, Water and sewer $2100. Seller financing is available with 25% down, 5% interest, 10 year balloon. Utilities are Public and there is also a well on the property for the irrigation system. The vacant lots to the right of the building are also available for purchase at $150,000.
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0BEDS
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0.48ACRES
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0BATHS
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01/2 BATHS
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5,592SQFT
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$197$/SQFT
School Ratings & Info
Description
COLLINGSWOOD PROFESSIONAL CENTER located in Murdock. SEVEN (7) units ALL are currently leased. 800 SF per unit - total 5592 A/C area. $1000/ month rent per unit. Annual NET income is $75,000. 7% cap rate. RE taxes $7908.93, Insurance $2602, Water and sewer $2100. Seller financing is available with 25% down, 5% interest, 10 year balloon. Utilities are Public and there is also a well on the property for the irrigation system. The vacant lots to the right of the building are also available for purchase at $150,000.
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