High-Yield Investment Property outside of city limits but adjacent to water, public water, and sewer– Fully Leased with Immediate Cash Flow!This prime mixed-use property is a turnkey investment generating $12,000/month in gross rental income ($144,000/year) across multiple income-producing assets:Breakdown of Rental Income:Commercial Spaces:Unit 1 (Tire Shop): $1,500/moUnit 2 (Barber Shop): $1,500/moUnit 3 (Barber Shop): $2,200/moUnit 4 (Grocery Store): $1,800/moResidential Units – 7 Mobile Homes:Trailer 1: $1,400/moTrailer 2: $1,000/moTrailer 3: $650/moTrailer 4: Not paying rentTrailer 5: (Lot Rent Only): $550/moTrailer 6: $600/moTrailer 7: $800/moStable Tenants + Expansion Potential = Strong ROINet Operating Income (NOI): $134,000/year (after estimated $10,000 annual expenses.Estimated Cap Rate: 15%+ (based on list price – excellent return in today’s market!)Low Overhead: Minimal owner expenses with separate electric meters and long-term tenants.Value-Add Opportunity:✔ Seller is offering a $75,000 credit for reinvestment, closing costs or prepaid expenses if purchased before planned pole buildings are added—creating even more rental income!✔ Trailer 7 is not generating income, but it will be an instant income boost once it does!Why This Property?It is fully leased with a strong rental historyDiversified income streams (commercial + residential)Minimal owner responsibilitiesPlanned improvements for increased revenueHigh cash-on-cash return potentialPerfect for investors seeking a high-yield, low-maintenance portfolio addition! Schedule a showing today!
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Propriedade ID: 110098047309