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: |
$1,500,000 |
| Property Use Type: |
Investment |
| Sale Terms: |
Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/24/2023 |
Overview / Comments
|
4 Units land Bld .83 acres with extra large lot .67 acres right off Hwy 293 near the Manchester Mall. Tenants include 2 Car Lots / Mechanic garage detail garage and office rentals to janitorial business. Owner Finance with 30% down 9% interest amortized over 15 years paid in 10 years.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$10,200 (Annual) |
| Assessed Value - Total($) |
$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 |
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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