TITLE:
Three Building lots
CONTROL:
Exclusive
VALUE:
$93,500
LOAN:
$0
EQUITY:
$93,500
TYPE:
Land
HAVE:
Three flat Buildable lots in a subdivision with water, sewer, and electricity to the lots. Paved streets in the city limits. Good for 1200-1500 sq ft homes.
ADDRESS:
210 & 230 Glengate and 60 Hill Drive, Cathlamet, Washington
BENEFITS TO NEW OWNER:
Ready to go. Housing shortage. Close to the Columbia River.
OTHER FILES:
GROSS SCHEDULED INCOME:
$900,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$900,000
EXPENSES:
$450,000
NOI:
$450,000
DEBT SERVICE:
$0
CASH FLOW:
$450,000
CAP RATE:
481.28%
BENEFITS SOUGHT:
Cash; JV; Out
CAN ADD:
Broker will add his corner lot next door @ $39,500. Brker will JV, Oversee
REMARKS:
These are a few of the last vacant lots in the subdivision.
COUNSELOR:
Hal Palmer
PDG Services
P. O. Box G
Longview, Washington, 98632
