Skip to content
Classifieds

User Stats

357
Posts
27
Votes
Soji Oyenuga
  • Real Estate Investor
  • Saskatoon, Saskatchewan
27
Votes |
357
Posts

TX - Retail - Asking 69% of Value - Asking = $557K, Value =$808K)

Soji Oyenuga
  • Real Estate Investor
  • Saskatoon, Saskatchewan
Posted Aug 21 2016, 06:17
Off Market - Texas - Retail Center - Asking 69% of Value - (Asking = $557K, Value at = $808K) - Motivated Seller - Open Now

This is Wholesale Deal. Hurry

  • Property Location => Cleburne, Texas
    • Desirable on a 4 lane highway. Close proximity to the new toll way which connects Cleburne to the Dallas Fort Worth Area. (30 miles to downtown Ft Worth)
  • Property Type => Retail, originally built and currently operated as a roller skating rink. (Easily repurposed as event center, health club / gym, indoor soccer, etc. Churches regularly rent the space for events.)
    • Steel constructed building at 16,516 sq/ft. Completely updated with newly remodeled bathrooms and kitchen.
  • Number of Units ==> 1 (currently single user)
  • Current Occupancy ==> delivered vacant > but business is available. Owners are shutting down the business (would consider selling the rink inventory) and moving out of state. Need a quick sale.
  • Year Built ==> 1970
  • Net Operating Income (NOI) ==> n/a (historically their business has made around $70k operating 1-2 days a week).
  • Lot Size (in acres or square feet) ==> 43,560 (1.089 acres per survey)
  • Seller Willing to Finance? ==> Unlikely. They need the cash for family health issues.
  • BPO available for $808,000 (as of 9/28/2015)
  • HVAC: 28 tons of air, gas heating
  • Ceiling Height: 14 feet
  • Terrain: Flat
  • Utilities: City water and sewer

Purchase Price Is $557,000 Firm (Property was appraised (BPO) for $808,000 2015) Muat be Quick Sale (closing less than 30days and all cash sale)

Brokers and Reps are welcome --- add your fees (fee suggestion of 3% to 5% buyer's fees)

This is Wholesale Deal. Hurry

These properties are available as at today, but cannot guarantee availability anytime after.

Soji Oyenuga

Cell: 1-306-262-6299
Email: [email protected]

Offering

Loading replies...