Property Details

TITLE:
Value Add Investment Opportunity
CONTROL:
Owner
VALUE:
$2,894,569
LOAN:
$1,107,321
EQUITY:
$1,787,248
TYPE:
Retail/Commercial
HAVE:
Value-add investment opportunity in Abilene, Texas. This strip center boasts high visibility, positioned on a primary arterial road with a traffic flow of approximately 21,000 vehicles per day.
ADDRESS:
3202 N 1st Street, Abilene, Texas
GROSS SCHEDULED INCOME:
$316,093 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$316,093
EXPENSES:
$84,527
NOI:
$231,566
DEBT SERVICE:
$9,955
CASH FLOW:
$221,611
CAP RATE:
8.00%
REMARKS:
Currently in negotiations with LOI to fill remaining vacancy.
COUNSELOR:
Justin McElfish
Only Epic Holdings
4350 Brownsboro Rd
Louisville, , 40207
Phone: 5027410952