•$150,000 Purchase Price with an Appraised $590,000 ARV (per licensed appraisers at The Ambrose Group).
•Currently adjacent to a future truck stop (including a Jack in the Box restaurant) which is under development.
•Survey is on hand. Message or call us for inquiries to view the appraisal report.
•7,870 total square feet [2,100 in left retail store, 3,420 square feet in right flex-space unit, 1,200 square feet in top front two-bedroom unit, and 1,150 square feet in back apartment unit]. Being sold as-is at only $19.06 per square foot!
•Perfect property for owner occupants or landlords desiring a property capable of producing over $63,000 in net operating income.
•Located adjacent to Highway 59 North which offers incredible amounts of traffic for future retail business.
•Interior demolition and junk removal have been performed.
•Bring $25,000 to closing and obtain 100% financing of the purchase price in addition to approximately $263,000 in rehab reserves for repairs. Please also note that seller financing is available at 65% LTV.
•Contact us for more info.
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