Addison Wolfe Real Estate

9.22% CAP RATE with 85% FINANCING AVAILABLE (to qualified buyer) resulting in 44.33% initial rate of return!! on this massive ONE OF A KIND income producing property. 9800 sq ft of commercial/office space occupying 3 separate buildings. total of 19 units currently 74% occupied by seller's own design to allow space for end user occupant. seller does little advertising other then a single sign out front!! remarkable income on these office suites!! seller has arranged a fantastic financing package to offer up to 85% financing of this project. original dwelling totally redone in 2006 and both 1 story buildings built new at the same time. perfect for straight investment or owner occupant. huge full unfinished basement available for storage or added income. built-in dumpster rooms keeps the property perfectly maintained

  • MLS# 468617
  • Style IQWeb_Office Bldg
  • Sub-Type Resale
  • Status Active
  • Year 2006
  • Days On Site 480
Story(s) 2
Units 19
Listing Provided By:
SCOTT REIGHARD  of  RE MAX ATLANTIC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $1,098,000
513.41%
$179,000 in 08205
this listing 480 on site
95.12%
246 on site in 08205

Location

State NJ
County Atlantic
City Galloway Township
Zip Code 08205
Area Galloway Twp

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