Old Town N Main St frontage, Cottonwood. New Construction 3 units commercial/residential, PAD zoning, LEED Certified Building, Store or Office front Unit with 1/2 bath, plus 2 residential apartments. Can be used for commercial space, flexible use. Excellent construction. SEE Attachment ''About the Property'' for more. . .This property and 683 N Main St MLS# 502707 $425,000. for sale - Package- for both $887,500. 6 units.
Great condition income property with a CAP Rate of 5.31%. This is a solid investment in these times and the prudent buyer will realize with 3% appreciation that it would be difficult to invest in anything these days with great upside potential. These units have been well cared for so deferred maintenance will not be an issue. This property has been professionally maintained by Whitehurst Management Company. The kitchen features a separate dining area and each unit has patios for enjoyable living. Large parking accomodates any tenant's needs and results in a building with a high occupancy which is great for the investor.
Old Town N Main St frontage, Cottonwood. New Construction 3 units commercial/residential, PAD zoning, LEED Certified Building, Store or Office front Unit with 1/2 bath, plus 2 residential apartments. Can be used for commercial space, flexible use. Excellent construction. 685 N Main MLS 502708 also for sale $475,000. Package for both $887,500. SEE Attachment ''About the Property'' for more. . .
This 8 Unit Mobile Home Park is long established and is a rare investment opportunity offering great current cash flow plus excellent upside potential that requires minimum additional investment capital. Two of the 8 units require renovation and/or replacement. Fully assumable in place financing ($230,000 at 5% P&I with 17 year amortization) is available to qualified buyers. Offered at $299,900 and with a $69,900 down payment this property is estimated to produce up to approx. 12.8% cash on cash return on existing income with a going in CAP rate of approx. 9.7% with only 6 units in operations. With an additional capital investment estimated at $40,000 for 2 additional used units, the cash on cash increases to approx. 18.0% with a projected CAP rate of approx. 13.3%.
This is a portion of a larger package of multi-family and commercial properties available. Agents can see them through MLS 131006 and 131004. The listing agent is also an owner of the property. This particular property has a 5.1% CAP RATE and has a separate one car garage and fenced in back yard for each unit. Includes washer/dryer, dishwasher, and vaulted ceilings. The units are Air-conditioned and natural gas heat. These units have been professionally managed by Whitehurst Management Co. from the time they were built.
Consistently rented, in town. This conveniently located duplex offers 2 bd, 1.75 ba, split plan units w/ spacious eat-in kitchen. Good storage space. Each unit has it's own laundry room & single car garage. Gas and electric are metered separately, water & sewer are included in the rent. Each unit is currently rented for $750. Washer and dryer in Unit B does not convey, nor do ANY draperies.
Great Income property with a CAP RATE of 7%. Newly adjusted price should be very attractive to investors. One of five similar properties available by listing agent on the same street for easy management. One of 42 multifamily rental properties available through the listing agent. These units are in HIGH demand and will remain a great investment for the future. See MLS 131006 and 502555 for other units available.
Well cared for Duplex - 2 rental units - (Duplex) Unit A 1 = 1200 sq. ft. 2 bedroom 1 bath. Unit B 1400 sq. ft. 3 bedroom 1.75 bath. Washers and dryers. Total income $1600 month. Great Cottonwood location.