Description
GREAT INVESTMENT OPPORTUNITY! 8% Cap Rate! Tenant In Place! Located in Common Point, Suite F-1 is 1685sf, currently renting at $1600/mo. This low maintenance facility is a great starter investment. Association dues are $378/mo and include property maintenance, lawn maintenance, glass repair, roof maintenance, fire & casualty property insurance, sewer, and trash. Tenant pays for electricity. You pay for water, association fees, property taxes, and condo insurance for the interior. Buyer to uphold lease terms with existing tenant.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
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1,685SQFT
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$95$/SQFT
School Ratings & Info
Description
GREAT INVESTMENT OPPORTUNITY! 8% Cap Rate! Tenant In Place! Located in Common Point, Suite F-1 is 1685sf, currently renting at $1600/mo. This low maintenance facility is a great starter investment. Association dues are $378/mo and include property maintenance, lawn maintenance, glass repair, roof maintenance, fire & casualty property insurance, sewer, and trash. Tenant pays for electricity. You pay for water, association fees, property taxes, and condo insurance for the interior. Buyer to uphold lease terms with existing tenant.
© 2024 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Move Real Estate. Data last updated: 2024-10-05T07:32:14.327. Licensed in the State of Louisiana, USA. Smart Move Real Estate || 225-448-2850 || Baton Rouge, LA
Listing provided courtesy of eXp Realty: 225-412-9982 .© 2024 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed.