Description
Highly visible, 8-unit shopping center located on Washington Road (BUS24). 6 units are currently leased, grossing $44,700 rents per year. Opportunities for new owner to occupy units, or to increase gross income by $1050 per month with the additional rents. Current CAP rate is 9.23%, and fully rented, it would be approximately 12.64%. The building has been recently remodeled in 2020 with new roof tear off, and exterior and interior remodels. NDA for financials, no "For Sale" sign currently on the property.
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0BEDS
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0.4ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Highly visible, 8-unit shopping center located on Washington Road (BUS24). 6 units are currently leased, grossing $44,700 rents per year. Opportunities for new owner to occupy units, or to increase gross income by $1050 per month with the additional rents. Current CAP rate is 9.23%, and fully rented, it would be approximately 12.64%. The building has been recently remodeled in 2020 with new roof tear off, and exterior and interior remodels. NDA for financials, no "For Sale" sign currently on the property.
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