Description

Cash Flow immediately. Motivated to sell for personal reasons. Fully rented newly renovated office property proves immediate cash flow. Recently appraised by a bank at $425,000, with very current (2013) comps to confirm, this all brick office building built in 1986 is newly renovated and low maintenance. Location is busy, thriving corner in Columbia Heights just outside of the Minneapolis boundary. Great neighbors, steady businesses.

Gross income $60,024 produced by 10 separate tenants and all leases are personally guaranteed, gross income of $60K, net operating income of $40,124/year. To request a pricing and financing analysis and rent roll.