Bob Lewis & Associates Inc
Listed by Bob Lewis & Associates Inc
$425,000
869 Walnut Street
Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 5,222
Units 8
Cap Rate 6.51%
NOI $27,694
Tenancy Multi
Pro-Forma Cap Rate 11.41%
Pro-Forma NOI $48,479
Year Built 1961
Acreage 0.260
Zoning CBD-2
Parking Spaces 20 spaces
Parking per 1,000 SqFt 3.83
Investment Type Stabilized
869 Walnut Street, Macon, GA 31201
Investment highlights
- Zoning: Cbd-2
- Land Size: .26 Acres
- Building Size: 5,222 Sq. Ft.
- Age: Built in 1961
- Construction: Masonry Construction, New Tpo Roof Installed in May 2023
- Unit Size: 8 Individual Office Units at 625 Sq. Ft.
- Utilities: All Public Utilities Are Available to the Property Including Water, Sanitary Sewerage, Electricity, Gas and Telephone.
- Parking: 20 Spaces Including 1 Handicapped Space, Parking Lot Resurfaced in the Last 12 Months
Listing Contacts
Bob Lewis & Associates Inc
Listed by Bob Lewis & Associates Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,694.00
$2,307.83/mo
Valuation Metrics
0
DSCR
6.52%
Cap Rate
6.52%
ROI
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