TITLE:
Oak Ridge Shoppes - Westfield IN
CONTROL:
Owner
VALUE:
$6,600,000
LOAN:
$4,154,575
EQUITY:
$2,445,425
TYPE:
Retail/Commercial
HAVE:
Fully leased multi tenant shopping center in one of the fastest growing communities collaring Indianapolis.
WEBSITE URL:
ADDRESS:
631 E State Rd 32, Westfield, Indiana
BENEFITS TO NEW OWNER:
Built 2019. Steady income stream. Fastest growing community in Indiana.
OTHER FILES:
GROSS SCHEDULED INCOME:
$592,462 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$592,462
EXPENSES:
$154,643
NOI:
$437,819
DEBT SERVICE:
$326,679
CASH FLOW:
$111,140
CAP RATE:
6.63%
BENEFITS SOUGHT:
Stabilized property. Over 11,000 cars per day drive by.
COUNSELOR:
Shannan Fletcher
Hartman Capital
616 E Green St Ste 203
Champaign, Illinois, 61820
Phone: 2177999393
