Description
Investment property listed at 6.25% cap rate. This is a brand new 5-year lease with 1 5-year option to renew. Two 1,200 SF warehouse spaces and 900 sq ft. carport. The property is fully fenced in. PROPERTY HIGHLIGHTS Cap rate 6.25% Gross income $39,437.52 Property expenses 2021 $6,267.62 Net income $33,169.90 Brand new 5-year lease started on January 1, 2022 with 1 5-year option to renew Property is fully fenced in 900 sq ft carport Two 1,200 SF warehouse spaces
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0BEDS
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0.75ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investment property listed at 6.25% cap rate. This is a brand new 5-year lease with 1 5-year option to renew. Two 1,200 SF warehouse spaces and 900 sq ft. carport. The property is fully fenced in. PROPERTY HIGHLIGHTS Cap rate 6.25% Gross income $39,437.52 Property expenses 2021 $6,267.62 Net income $33,169.90 Brand new 5-year lease started on January 1, 2022 with 1 5-year option to renew Property is fully fenced in 900 sq ft carport Two 1,200 SF warehouse spaces
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