TITLE:
19th Street Professional Building
CONTROL:
Exclusive
VALUE:
$1,250,000
LOAN:
$0
EQUITY:
$1,250,000
TYPE:
Office Building
HAVE:
Fully leased professional building in a good location. Four side by side tenants.
Building is 11,123 square feet on a 20520 square foot lot.
ADDRESS:
1601 East 19th Street, Cheyenne, Wyoming
BENEFITS TO NEW OWNER:
Solid cash flow in a good investment market with in place management
GROSS SCHEDULED INCOME:
$157,828 Actual
VACANCY LOSS:
$7,891
GROSS EFFECTIVE INCOME:
$149,937
EXPENSES:
$56,353
NOI:
$93,584
DEBT SERVICE:
$0
CASH FLOW:
$93,584
CAP RATE:
7.49%
BENEFITS SOUGHT:
Closer to Denver area and/ or simplified management
COUNSELOR:
Ross Fellenstein
Commercial West Real Estate Inc.
14143 Denver West Parkway, Ste. 100
Golden, Colorado, 80401
