TITLE:
Quarry Wine Garden with Scenic Dev Op
CONTROL:
Exclusive
VALUE:
$3,999,999
LOAN:
$450,000
EQUITY:
$3,549,999
TYPE:
Retail/Commercial
HAVE:
Value-Add Wine Garden/Restaurant on +/- 27 AC with development opportunity. Many avenues/adjustments to increase cash flow. Full staff in place. Possible hands-off investment.
WEBSITE URL:
ADDRESS:
3960 Missouri Highway Z, Wentzville, Missouri
BENEFITS TO NEW OWNER:
Hands-off, Dev Op, Value-add, Fully Staffed, Scenic Land,
OTHER FILES:
GROSS SCHEDULED INCOME:
$939,499 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$939,499
EXPENSES:
$717,406
NOI:
$222,093
DEBT SERVICE:
$13,500
CASH FLOW:
$208,593
CAP RATE:
5.55%
BENEFITS SOUGHT:
Possible equity partner
CAN ADD:
25k Square feet of roof space for dev op
REMARKS:
New management hired. Will raise NOI with ease.
COUNSELOR:
Joseph Dusch
Gundaker Commercial Group, Inc.
55 Westport Plaza Dr Suite 200
St Louis, , 63146
Phone: 6367285151
