NCE National Council of Exchangors
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National Council of Exchangors
CONTROL: Owner VALUE: $125,000
    LOAN: $75,000
    EQUITY: $50,000
TITLE: COMMERCIAL LOTS IN ATLANTA
TYPE OF PROPERTY: Land
HAVE: Five Commercial lots, zoned C-1 in Forest Park, GA, in the Atlanta Metro Area.
WEBSITE ADDRESS:
PARCEL#:    
CITY, STATE: Forest Park, GA COUNTY:
BENEFITS TO NEW OWNER: Divisible, can be free and clear. Find users and they will be golden.
GROSS SCHEDULED INCOME: $0    Actual
VACANCY LOSS: $0
GROSS EFFECTIVE INCOME: $0
EXPENSES: $1,000
NOI: $-1,000
DEBT SERVICE: $4,500
CASH FLOW: $-5,500
CAP RATE: 0.00%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1: $75,000 $375 6.00% 9/2018 Y
LOAN 2:      
BENEFITS SOUGHT: Move equity up into something else.
CAN ADD: More land, bar in Idaho, paper, single family home in Colorado Springs, cash.
REMARKS: I own this and don't need it and am looking for my next deal.
COUNSELOR: Blake Allen, EMS
Allen Realty
108 Canon ave
Manitou Springs, CO 80829
Phone: (719) 685-0707
Cell: (719) 684-4123
Fax: (719) 685-0400
blakeallenrealty@gmail.com
 
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