Listed by Expansion Realty Partners
$190,000
Rusk Downtown Square
Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,520
Cap Rate 7.89%
NOI $15,000
Lease Type Gross
Lease Expiration 01/01/2025
Pro-Forma Cap Rate 10.53%
Pro-Forma NOI $20,000
Price per SqFt $75
Stories 2
Zoning Commercial
Retail | 7.89% CAP | 2,520 SF
Marketing description
Historical downtown building in Rusk Texas. Two story building with the lower level ready for retail or restaurant. Upstairs could be leased as an apartment for additional income. Brand new TPO roof installed in 2025.
Investment highlights
Downtown Historical Building in Rusk
Value Add property with upstairs apartment
Listing Contacts
Listed by Expansion Realty Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$15,000.00
$1,250.00/mo
Valuation Metrics
0
DSCR
7.89%
Cap Rate
7.89%
ROI
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Tax History
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