A stand-alone office foreclosure in immaculate condition. Perfect for an office of Attorney, Realtor, Accountant, Insurance Agent, Physician or an Investor to hold on! Newer construction (2007)! Configuration is 8 offices and 2 conference rooms. The unit is Bldg. C located in Harmony Business Park near Mall of Georgia, Buford, GA. The neighbors are Daycare center and Pediatrics practice. Only cosmetic repairs required to get in move-in ready condition. Calling all cash buyers - investors or owner occupants. Need to close before July 7th. The unit was sold for $450,000 in 2010!!! Priced right to move quickly. Investor ROIPurchase: $219,000Repairs: $5,000 (Allowance for cosmetic repairs - paint touch-up, ceiling in conference room, cleanup etc.)Total Investment: $224,000Rental Income: $2600/mo * 12 = $31,200 per yearExpenses: Taxes: $1,600 per year Insurance: $1,600 per yearNet Income: $28,000CAP Rate: 28,000/224,000 = 12.5%Call (919)602-5208 now!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
