Excellent investment opportunity featuring 16 fully rented industrial condo units offering stable cash flow and long-term upside. The property is comprised of well-maintained units with functional layouts suitable for a variety of industrial and commercial uses. Strong tenant occupancy provides immediate income, making this an ideal asset for investors seeking dependable returns. Convenient access to major transportation routes, established industrial corridors, and surrounding amenities enhances tenant demand and retention. Low-maintenance ownership with individual condo units allows for flexible hold or future resale strategies. A rare chance to acquire a multi-unit industrial portfolio in a desirable market.
Financial Considerations
Price:
$4,969,170
HOA Fee:
N/A
Tax Amount:
$22123.66
Price per SqFt:
$150.86
Tax Legal Description:
HOAGLAND INDUSTRIAL PARK LANDSITE CONDOMINIUM CB 12 PGS 32-33 OR 3559/910 BLDG 8