Listed by Thomas Duke Company
$1,899,000
Hamilton Office Plaza
Details
APN 23-15-101-018
Property Type Office
Square Footage 63,804
NOI $98,244
Occupancy 60%
Tenancy Multi
Price per SqFt $30
Year Built 1975
Buildings 2
Stories 2
Acreage 2.420
Zoning B1
Parking Spaces 172 spaces
Parking Per SqFt 2.70
Investment Type Value Add
Office | 63,804 SqFt
Marketing description
Two building, 63,804 SF office complex for sale in Farmington Hills, MI.
Investment highlights
- 63,804 SF value-add office complex
- Occupancy currently at 60%
- Well located just off of I-696
- Priced aggressively at $29.76 PSF
- Current NOI: $98,243.50
- Contact Broker for additional details
Listing Contacts
Listed by Thomas Duke Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,243.50
$8,186.96/mo
Valuation Metrics
0
DSCR
5.17%
Cap Rate
5.17%
ROI
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