1st Floor - Unit 6716
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Medical Office
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2,200 SF
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$1,299,000 USD
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Unit Size: 2,200 SF
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Condo Use: Medical Office
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Price: $1,299,000 USD
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Sale Type: Investment
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Price/SF: $590.45 USD
Description
Prime corner location with strong visibility.
Sale Notes
This building is a solid investment opportunity, especially with its prime corner location, dual access points, and strong visibility. Here's a summary of the key financial aspects for potential investors: Total Rental Income: $120,000/year Annual Expenses: HOA: $1,560/year ($130/month)Property Taxes: $10,800/year Total Expenses: $12,360/year Net Operating Income (NOI): $107,640/year ($120,000 - $12,360)The property's corner position and high visibility can be a major selling point for investors looking to attract and retain tenants.
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