Property Details

TITLE:
Family Dollar anchored Value add - St Louis MSA
CONTROL:
Exclusive
VALUE:
$675,000
LOAN:
$450,000
EQUITY:
$225,000
TYPE:
Retail/Commercial
HAVE:
610 N. 89TH St Belleville, IL - Family Dollar in Belleville IL, 10,294 SF, w/ 3,294 SF vacancy.
ADDRESS:
610 N 89th St, Belleville, Illinois
BENEFITS TO NEW OWNER:
We pay your price when you pay ours. Value add. Creative, qualified owner.
GROSS SCHEDULED INCOME:
$55,726 Projected
VACANCY LOSS:
$23,000
GROSS EFFECTIVE INCOME:
$32,726
EXPENSES:
$14,000
NOI:
$18,726
DEBT SERVICE:
$0
CASH FLOW:
$18,726
CAP RATE:
2.77%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$450,000
$0
0%
12/31/1969
No
BENEFITS SOUGHT:
Cash flow, simplicity, safety, likes California real estate.
CAN ADD:
Cash, additional property, signature.
REMARKS:
Easy down-stroke into something larger. Backup pkg available.
COUNSELOR:
Cadin Limon
SDG Equities
204 N Dellrose Ave
Wichita, , 67208
Phone: 3166802972