NCE National Council of Exchangors
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National Council of Exchangors

 




CONTROL: Owner VALUE: $895,000
    LOAN: $0
    EQUITY: $895,000
TITLE: The Pepsi Building
TYPE OF PROPERTY: Industrial
HAVE: Industrial multi tenant building, partially rented, partially used by owner.
WEBSITE ADDRESS:
PARCEL#:    
CITY, STATE: Anderson, IN COUNTY:
BENEFITS TO NEW OWNER: Immediate cash flow with space coming open in May. Newer roof.
GROSS SCHEDULED INCOME: $76,800    Actual
VACANCY LOSS: $19,500
GROSS EFFECTIVE INCOME: $57,300
EXPENSES: $1
NOI: $57,299
DEBT SERVICE: $0
CASH FLOW: $57,299
CAP RATE: 6.40%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: Cash flow opportunity with upside potential.
CAN ADD: Cash other free and clear properties.
REMARKS: 15612 sf warehouse space available in May for lease at $3317/mo Gross. Docks, Drive-ins, 3 phase power, floor drains.
COUNSELOR: Philip Aaron
Location Realty
P.O. Box 93
Fortville, IN 46040
Phone: (317) 485-5252
Cell: (317) 809-7643
Fax: fuzzflip@yahoo.com
 
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