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Updated over 11 years ago on .

User Stats

26
Posts
5
Votes
Ben McDermott
  • Minneapolis, MN
5
Votes |
26
Posts

Newer Commercial Building - $2.1M All In, $2.4M ARV!

Ben McDermott
  • Minneapolis, MN
Posted

Hi BPers,

The company I work with just came across a great deal on a new (2006) commercial property in Davenport, IA.  Below are a few details.  Email me at [email protected] for more info:

-Class A Building

-Built in 2006 - everything is new.

-Busiest Commercial Intersection in Davenport, Iowa.

-Anchor Tenant in place.

-Upper units are high end condos (three occupied, one needs to be built out)

-Lower units are commercial (three occupied, one needs to be built out)

Price: $1.9MM

Build Out: $200,000

All-In: $2.1MM

ARV: $2.4MM