TITLE:
F&C Industrial Land Near Large Redevelopment Project
CONTROL:
Exclusive
VALUE:
$199,000
LOAN:
$0
EQUITY:
$199,000
TYPE:
Land
HAVE:
One acre Industrial lot across the street from the new Wichita Business Park. It's also adjacent to a lot owned by the business park owners that's slated for development in three years.
ADDRESS:
1208 S Young St, Wichita, Kansas
BENEFITS TO NEW OWNER:
Free and clear
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$1,500
NOI:
$-1,500
DEBT SERVICE:
$0
CASH FLOW:
$-1,500
CAP RATE:
0.00%
BENEFITS SOUGHT:
Cash, move up into retail
CAN ADD:
Potential to add cash to the right deal
REMARKS:
Potential to JV with the owners of the adjacent lot who also own the Wichita Business Park.
COUNSELOR:
Phil Graves
Graves Group
15031 East Morris
Wichita, Kansas, 67230
Cell: 316-644-2508
Email blowtorchre@gmail.com
