TITLE:
Value Add Mixed Use Retail Property
CONTROL:
Exclusive
VALUE:
$310,000
LOAN:
$60,000
EQUITY:
$250,000
TYPE:
Retail/Commercial
HAVE:
Mixed-use retail property with an NOI upside. New tenants. Rates secured.
Tenants:
1 Retail tenant- Personal Trainer $2,000.00 MG
1 Residential Tenant $1,000.00 MG
WEBSITE URL:
ADDRESS:
8129 Page Ave, St Louis, Missouri
BENEFITS TO NEW OWNER:
Brand new leases/tenants, Newly renovated, passive investment
OTHER FILES:
GROSS SCHEDULED INCOME:
$36,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$36,000
EXPENSES:
$5,000
NOI:
$31,000
DEBT SERVICE:
$10,000
CASH FLOW:
$21,000
CAP RATE:
10.00%
REMARKS:
Great investment opportunity for someone starting out as an investor.
COUNSELOR:
Joseph Dusch
Gundaker Commercial Group, Inc.
55 Westport Plaza Dr Suite 200
St Louis, , 63146
Phone: 6367285151
