16% Cap Rate
Listing was updated at: 01/24/2019
Property Overview
| Price/Rent PSF | $ 495,000.00 |
| Asset Type | Retail |
| Trade Type | Sale |
| SQ. FT. Available | 2,988 |
| Date Available | 01/24/2019 |
| Additional URL | Link |
| Additional parameters | Show |
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Description
Location
Rte 27 is Raymond's main road and property has a very good central location with visibility
Sale
Incredible Investment 16% Cap Rate ideal for 1031 Exchange Investor. 3 income units, two 1-Br units and a day care. Tenants pay their own utilities. This Mixed-Use building has off street paved parking, a playground with a central location on a state highway. Any apartment rental fills quickly! The location is highly visible, has little competition in the area. A new owner should be able to take over quickly without any problem, enjoy a stable income. A real money maker! Selling Real Estate with business. Daycare is very profitable, a long-standing business of Raymond for 24 years, run by the same entrepreneur. Real Estate with Business Sale Only. Rte 27 is Raymond's main road.
Location