Description
This building is a solid investment opportunity, especially with its prime corner location, dual access points, and strong visibility. Heres a summary of the key financial aspects for potential investors:Total Rental Income: $120,000/yearAnnual Expenses:HOA: $1,560/year ($130/month)Property Taxes: $10,800/yearTotal Expenses: $12,360/yearNet Operating Income (NOI): $107,640/year ($120,000 - $12,360)The propertys corner position and high visibility can be a major selling point for investors looking to attract and retain tenants.
Description
This building is a solid investment opportunity, especially with its prime corner location, dual access points, and strong visibility. Heres a summary of the key financial aspects for potential investors:Total Rental Income: $120,000/yearAnnual Expenses:HOA: $1,560/year ($130/month)Property Taxes: $10,800/yearTotal Expenses: $12,360/yearNet Operating Income (NOI): $107,640/year ($120,000 - $12,360)The propertys corner position and high visibility can be a major selling point for investors looking to attract and retain tenants.
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