Listed by RE/MAX Properties
$1,900,000
Vintage Holdings
Details
Property Type Industrial
Sub Type Distribution, Manufacturing
Square Footage 20,818
Net Rentable (SqFt) 20,818
Units 7
Cap Rate 8.33%
NOI $158,209
Occupancy 95%
Tenancy Multi
Lease Type Gross
Price per SqFt $91
Broker Co-Op Yes
Class C
Year Built 1950-1986
Year Renovated 23-25
Buildings 6
Stories 1
Acreage 1.390
Zoning C-2, M-1
Investment Type Stabilized
Ceiling Height 16
Ownership Vintage RealEstate Holdings LLC
Sale Condition For sale by owner
Strong rental income and updated warehouse and a M-1 lot
Marketing description
Great investment of Warehouse inventory with strong Tenant Leases. The corner lot is M-1 and currently rented to a dumpster company. There are 4 warehouses, 1 small shop, 1 restaurant as part of this deal. 1 Warehouse is available to rent and the rest are rented. I have a detailed list of updated improvements on file.
Listing Contacts
Listed by RE/MAX Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$158,209.00
$13,184.08/mo
Valuation Metrics
0
DSCR
8.33%
Cap Rate
8.33%
ROI
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