TITLE:
Highway Retail Value Add Opportunity
CONTROL:
Exclusive
VALUE:
$950,000
LOAN:
$0
EQUITY:
$950,000
TYPE:
Retail/Commercial
HAVE:
Property is an opportunity to add value. All properties have tenants that are either month to month or on short term leases. Most rents are below market. Location is a possible redevelopment project.
ADDRESS:
9120, 9124, and 9140 E. 350 Hwy, Raytown, Missouri
BENEFITS TO NEW OWNER:
Value Add opportunity
GROSS SCHEDULED INCOME:
$96,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$96,000
EXPENSES:
$32,647
NOI:
$63,353
DEBT SERVICE:
$0
CASH FLOW:
$63,353
CAP RATE:
6.67%
BENEFITS SOUGHT:
cash for retirement
COUNSELOR:
Pierre Heidrich
Bi-State Realty Group, LLC
751 NE Anderson Ln
Lees Summit, Missouri, 64064
