Land
1st Floor: Commercial Space
- 3 unfinished commercial spaces totaling 6,000 Sqft
- White box this space and rent it for $10-$12/sqft + NNN
Additional $60,000 - $72,000 annually + NNN
Residential Units
- 2nd - 4th Floor
- 18 residential apartment units
- Separately metered utilities
- Three 3 bedroom apartments
Market rent is $750
- Fifteen 2 bedroom apartments
Market rent is $650
- The current rent roll is $9,875
- Total Market rent of $12,000 at 100% occupancy