407 Lake Howell Road-The Lake Howell Building
The Lake Howell Building For Sale (1031 Friendly)
Marketing description
This building is presently rented as a professional office suite operation consisting of 24 suites(rented mo to mo), it has approx 29 parking spaces(front and back), 3 lobbies, 1 kitchen , 5 restrooms, and a conference room. It stays rented and several professionals that have been in the building for many years. The building is located just 2 blocks from HWY 436 and is surrounded by many doctor offices. The building has been updated and remodeled. A floor plan, proforma and survey are attached. The owner is a broker and will be happy to discuss the building at anytime. Priced for quick sale! The seller is offering it as a "1031 FRIENDLY" property. LOCATION IS EXCELLENT-LOCATED IN THE CITY OF CASSELBERRY WITH A MAITLAND ADDRESS MANY POSSIBLE USES AND IS AN EXCELLENT INVESTMENT FOR AN ABSENTEE OWNER- SURROUNDED BY MEDICAL BUILDINGS AND ALL 3 LOBBIES ARE FURNISHED
Investment highlights
This building has 24 fully rented suites. The cap rate is 7.18 and the building has been updated. Ideal for an investor or a user. SELLER MAY CARRY A SHORT TERM FIRST MORTGAGE. REDUCED FROM $1,600,000!!
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
