TITLE:
FlexSpace Commercial
CONTROL:
Owner
VALUE:
$425,000
LOAN:
$125,000
EQUITY:
$300,000
TYPE:
All
HAVE:
Flex-Space Commercial space. 1500 s/f of usable space. Electric heat, 14Ft tall Garage door. Built in Mezzanine. Water heater. 125AMP panel. LED lighting. Entry Man door.
ADDRESS:
2276 Manatt Ct, Castle ROck, Colorado
BENEFITS TO NEW OWNER:
Options to increase rent.
TENAT PAID IN FULL THROUGH SEPTEMBER 2026
Owner can move or pay the debt
GROSS SCHEDULED INCOME:
$33,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$33,000
EXPENSES:
$716
NOI:
$32,284
DEBT SERVICE:
$16,020
CASH FLOW:
$16,264
CAP RATE:
7.60%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$125,000
$1,335
0%
12/31/1969
No
COUNSELOR:
Pablo Kahan
Elements Investments, LLC
200 S. Wilcox Street #110
Castle Rock, Colorado, 80104
Cell: 303-993-9594
Email pablokahan@gmail.com
