Property Details

TITLE:
NNN Cash flowing Industrial- TX
CONTROL:
Owner
VALUE:
$675,000
LOAN:
$316,426
EQUITY:
$358,574
TYPE:
Industrial
HAVE:
Fully renovated 3,070 SF Ind property in Odessa, TX. Crane-ready warehouse, new office buildout, electrical & HVAC systems, and fresh asphalt millings on a 0.609-acre corner lot. NO deferred maintenance, 18’ clear height. 3YR NNN tenant with 3% annual inc
ADDRESS:
8126 N County Rd., Odessa, Texas
BENEFITS TO NEW OWNER:
Partner/JV, Leverage into Larger Property, Path to Cash
GROSS SCHEDULED INCOME:
$54,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$54,000
EXPENSES:
$0
NOI:
$54,000
DEBT SERVICE:
$30,816
CASH FLOW:
$23,184
CAP RATE:
8.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$316
$2,568
8%
03/30/2030
Yes
REMARKS:
Prime location with immediate access to I-20 and regional logistics hubs, this turnkey asset is ideally positioned in one of the nation’s most dynamic energy and industrial markets.
COUNSELOR:
Eli Weisblum
Hunter Rose Holdings
Woodmere, New York, 11598
Phone: 646-561-9885
Cell: 516-659-8383