A Fantastic opportunity and investment, with great cash flow & location. A Fully leased, Brick office building located right off the I-69 Business corridor. Building completely updated in 2020-2021, w/ new roof, resurfaced parking lots, remodeled interiors with new lighting fixtures, bathrooms, flooring, paint, etc. The mechanical systems for each of the units have new water heaters, furnaces & air conditioners serviced & updated as needed with programable thermostats. Has Gross rents of $61,200 a year, a money maker from the get-go. With 20% down, after debt service it has a great cap rate of 12.5%, with a ?cash on cash? return of over 40%. Don?t wait on this great investment.
Courtesy of: RE/MAX Plus Source MLS: MiRealSource. Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information,regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2021 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written
permission from MiRealSource, Inc. Updated: 20th January, 2022 12:40 PM