TITLE:
6 Unit Urbana, OH
CONTROL:
Exclusive
VALUE:
$600,000
LOAN:
$0
EQUITY:
$600,000
TYPE:
Income Comb.
HAVE:
5 - 1 bed, 1 bath Apartments, plus basement unit occupied by a plumbing business.
ADDRESS:
127 Miami St, Urbana,, Ohio
BENEFITS TO NEW OWNER:
Fully rented good condition income property
GROSS SCHEDULED INCOME:
$57,600 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$57,600
EXPENSES:
$21,362
NOI:
$36,238
DEBT SERVICE:
$0
CASH FLOW:
$36,238
CAP RATE:
6.04%
BENEFITS SOUGHT:
1. Vacation/rental property outside US
2. Vacation/rental property in tropical area of US
CAN ADD:
145 N Broad St, Fairborn, OH, OV $700,000 F&C. 2nd-floor apartment, a side business with a one-car garage, & a bar/restaurant currently unoccupied on the first floor and basement. (Speakeasy) Historical
REMARKS:
3,273 Sq Ft Lot: 6,235 sq ft. 2 story bldg. with Basement, Built in 1900. 7,954 sq ft total, comprising six units (five apartments & 1 basement unit; third floor remains unfinished). Very strong area, a historic property w/significant potential upside
COUNSELOR:
Debbie Ferrari
KW Commercial Coastal Castles
635 Camino De Los Mares, 3rd Floor
San Clemente, California, 92673
