1st Floor - Unit 112
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Office
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1,822 SF
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$382,620 USD
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Unit Size: 1,822 SF
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Condo Use: Office
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Price: $382,620 USD
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Sale Type: Owner User
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Price/SF: $210.00 USD
Description
Fully improved first floor office condominium for sale or lease. The floor plan features private offices, open work stations, conference room, kitchen and reception area. Common area restrooms serve each floor. Free surface parking and 24 hour access.
Sale Notes
Assume 80/20 LTV owner occupancy financing with local lenders with 20% down and financing $306,096 @ 6.5% and a 25 year amortization = $2,067 monthly mortgage payment ($13.61 sf) + $475 monthly CF & $4,651 current annual RET.
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2nd Floor - Unit 216
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Office
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5,155 SF
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$1,082,550 USD
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Unit Size: 5,155 SF
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Condo Use: Office
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Price: $1,082,550 USD
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Sale Type: Investment or Owner User
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Price/SF: $210.00 USD
Description
Two combined units totaling 5,155 rsf inclusive of a 12% core factor. Units 216 & 220.
Sale Notes
Owner occupancy financing available with local lenders. 80/20 LTV with 20% down payment and financing $866,040 @ 6.5% interest and 25 year amortization = $5,848 monthly ($13.61 rsf) plus condo fees and real estate taxes. 2024 annual RET for unit 220 = $4625 & $8538 for unit 216. $13,163 total RET ($2.55rsf). Combined condo fees $1342 monthly ($3.12 rsf). One BGE meter for the combined units.
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