Description
Investment property is in M-2 Manufacturing heavy zone. There are 10 units with 12' overhead doors, office and a bathroom in each unit. all units are rented at the current time. Unit sizes range from 1,000+-sf to 2,000+-sf. Tenants pay for utilities. Owner pays water, property tax and insurance. Leases are month to month. 5% cap rate has 10% management fee calculated into it. Front building was built in 1974, back building was built in 1998. Showings by appointment only with listing Broker
Directions: South on Eastland, West on Highland
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0BEDS
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1.98ACRES
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0BATHS
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01/2 BATHS
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17,072SQFT
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$76$/SQFT
School Ratings & Info
Description
Investment property is in M-2 Manufacturing heavy zone. There are 10 units with 12' overhead doors, office and a bathroom in each unit. all units are rented at the current time. Unit sizes range from 1,000+-sf to 2,000+-sf. Tenants pay for utilities. Owner pays water, property tax and insurance. Leases are month to month. 5% cap rate has 10% management fee calculated into it. Front building was built in 1974, back building was built in 1998. Showings by appointment only with listing Broker
Directions: South on Eastland, West on Highland
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Listing Courtesy of Robert Jones Realty.