Property Details

TITLE:
WACO RIVERFRONT PLAZA
CONTROL:
Exclusive
VALUE:
$2,000,000
LOAN:
$815,561
EQUITY:
$1,184,439
TYPE:
Office Building
HAVE:
Currently leases one of the 15 offices in the building. Owns a home healthcare business
ADDRESS:
815 N WACO AVE, WICHITA, Kansas
BENEFITS TO NEW OWNER:
100% OCCUPIED, stabilized asset
Images: [1] [2] [3] [4] [5] [6]
GROSS SCHEDULED INCOME:
$212,889 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$212,889
EXPENSES:
$61,116
NOI:
$151,773
DEBT SERVICE:
$117,241
CASH FLOW:
$34,532
CAP RATE:
7.59%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$815,561
$9,770
7%
04/10/2043
No
BENEFITS SOUGHT:
client wants to double down
REMARKS:
would leverage towards the next investment
COUNSELOR:
Johanna Kellner-Ledesma
ERA Commercial
10300 W Central
Wichita, , 67212
Phone: 316-312-3385