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Description
THIS IS AN INVESTMENT PROPERTY...THE CURRENT TENANT HAS BEEN IN THE BUILDING SINCE 2010, 5 YEAR LEASE BEGAN IN JULY 2021 CALL AGENT FOR DETAILS. THE CURRENT RENT IS $8750. MONTH $105,000. YEAR INSURANCE IS $7000.., MAINTENANCE IS ESTIMATED AT $7500. A YEAR, TAXES $13,180 THIS INCLUDES SID PAYMENT OF APPROXIMATELY $4309. NEW ZONING DESIGNATION CX-HEAVY COMMERCIAL. NEED TO VERIFY CURRENT INSURANCE EXPENSE.
USING THESE NUMBERS THE NOI IS $77,320.
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Listing Agent: Bob Pulley
Listing Office: Bob Pulley Real Estate