Listed by Hanna Commercial Real Estate Cleveland
$375,000
25,708 SF Industrial/Warehouse Buildings for Auction
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 25,708
NOI $78,000
Buildings 5
Acreage 2.280
Industrial | 25,708 SqFt
Investment highlights
- Out-of-state ownership orders immediate sale
- 26,000 SF Industrial warehouse, 5 buildings on 2.28 acres
- Bldg 1: 12,000 SF with high ceiling and a 5-ton crane with fenced yard for outdoor storage
- Bldg 2: Newer high bay 11,000 SF clear span facility with a 25-ton crane
- Bldg 3: Small house converted into a 1,000 SF office facility
- Bldg 4 & 5: Combined 3,000 SF storage garages
- Net Income: $78,000
- Bidding to commence at only $375,000
- On-site open house dates: 7/9 from 1 p.m. - 2 p.m.
- Auction Date: 7/23 at 11 a.m.
- For complete due-diligence package and terms call: 216-861-7200
Listing Contacts
Listed by Hanna Commercial Real Estate Cleveland
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,000.00
$6,500.00/mo
Valuation Metrics
0
DSCR
20.8%
Cap Rate
20.8%
ROI
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