Description
Qualified Opportunity Zone. Cash cow mixed-use investment offering 6,444 square feet of rental space with a market cap rate of 9.55% located in a busy commercial district with excellent car and foot traffic. The property is split into three levels with many repositioning options. The lower level offers a large open space along with a 2bd apartment. The middle level and upper level offer numerous units along with an office space thats open to the lower level. The property is easy to manage with little to no maintenance resulting in low annual operating expenses. This is a perfect opportunity for an owner-user who wants a blank canvas to customize or an investor looking to reposition the property with high market rents.
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
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6,444SQFT
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$186$/SQFT
School Ratings & Info
Description
Qualified Opportunity Zone. Cash cow mixed-use investment offering 6,444 square feet of rental space with a market cap rate of 9.55% located in a busy commercial district with excellent car and foot traffic. The property is split into three levels with many repositioning options. The lower level offers a large open space along with a 2bd apartment. The middle level and upper level offer numerous units along with an office space thats open to the lower level. The property is easy to manage with little to no maintenance resulting in low annual operating expenses. This is a perfect opportunity for an owner-user who wants a blank canvas to customize or an investor looking to reposition the property with high market rents.
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Listing courtesy of David Howarth of The Pinza Group, Inc: [IDXCONTACTINFORMATION].