Multi unit Investment 2 car lots extra lot garages & office

Special Purpose for Sale
Catylist Listing ID: 30819182
Building Size (RSF): 5,600 SF
Gross Building Area: See Agent
Sale Price: $1,389,000
Property Use Type: Investment
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/2/2022

Overview / Comments

4 Units land Bld .83 acres with extra large lot .67 acres right off Hwy 293 near the Manchester Mall.Tenants include 2 Car Lots / Mechanic garage detail garage and office rentals to janitorial business. Owner Finance with 25% down 7% interest amortized over 15 years paid in 10 years.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $10,200 (Annual)
Assessed Value - Total($) $555,500 (Annual)
Gross Operating Income $114,000 (Annual)
Net Operating Income $100,000 (Annual)
Actual or Proforma Year Actual
Lender Name 0wner
Loan Amount $1,000,000
Down Payment $389,000
Amortization Period 15

Current Tenants

Tenant Business Name Car Lot, Car Sake with Mech Gar, Detail Gar & Office Rental

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 08400016
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,585 86,875 141,147
Median Age: 38.78 37.08 37.64
Households: 5,099 34,877 56,133

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