Listed by Wheeler Commercial
$1,600,000
The Courtyard
Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 14,155
Cap Rate 7.3%
NOI $116,779
Tenancy Multi
Lease Type NNN
Price per SqFt $113
Class B
Acreage 1.300
Zoning RM-H
Investment Type Stabilized
Occupancy Date 05/31/2022
Stabilized Office Investment
Marketing description
The Courtyard is a stable office condominium complex that is centrally located in Beaumont, TX. It is a desirable location for upper-end office tenants. It has been under the same ownership since it was built in the mid-1980s. Please review the marketing package and contact the broker to learn more.
Listing Contacts
Listed by Wheeler Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$116,779.00
$9,731.58/mo
Valuation Metrics
0
DSCR
7.3%
Cap Rate
7.3%
ROI
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