Property Details

TITLE:
Terry Lee Crossing - Noblesville IN
CONTROL:
Owner
VALUE:
$4,604,000
LOAN:
$2,700,000
EQUITY:
$1,904,000
TYPE:
Retail/Commercial
ADDRESS:
17535 Terry Lee Crossing, Noblesville, Indiana
BENEFITS TO NEW OWNER:
Stabilized shopping center in busy area near large car dealerships averaging between 626 and 1,130 cars per hour. Steady income flow.
GROSS SCHEDULED INCOME:
$478,363 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$478,363
EXPENSES:
$133,087
NOI:
$345,276
DEBT SERVICE:
$184,828
CASH FLOW:
$160,448
CAP RATE:
7.50%
COUNSELOR:
Shannan Fletcher
Hartman Capital
616 E Green St Ste 203
Champaign, Illinois, 61820
Phone: 2177999393