Property Details

TITLE:
Seller Financing- TUCSON OFFICE BUILDING
CONTROL:
Exclusive
VALUE:
$1,499,000
LOAN:
$0
EQUITY:
$1,499,000
TYPE:
Office Building
HAVE:
6900 SF Office Building in Central Tucson near Board of Realtors Office. Gut renovated in 2014. Move in ready.
ADDRESS:
2475 E Water Street, Tucson, Arizona
BENEFITS TO NEW OWNER:
B+ Office building in Central Tucson. Excellent condition. Great floor plan. Security Cameras Emgcy Generator. 2 EV Charging stations. EZ move in. Financial Info Pro-forma based on former lease.
GROSS SCHEDULED INCOME:
$120,750 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$120,750
EXPENSES:
$23,505
NOI:
$97,245
DEBT SERVICE:
$0
CASH FLOW:
$97,245
CAP RATE:
6.49%
BENEFITS SOUGHT:
Path to cash. Will Carry on market terms.
CAN ADD:
Nothing
REMARKS:
Professional Management Available. Financial Information proforma based on former lease. Seller Financing at market rate. Flexible Terms. 40% down payment.
COUNSELOR:
Tom DeSollar
Arizona First Properties LLC
6700 N. Oracle Rd. Suite 235
Tucson, Arizona, 85704
Phone: 520-400-2732
Cell: 520-400-2732