Need Credit Partner Commercial Property
895K purchase price
685K assumable loan (7% 30yr amortization due in 6 yrs) Bank is in place to refinance to 6% for 30yrs when we purchase.
210K balance
30K Earnest Money
270K Gross Income
148K NOI
100% rented out (no vacancy for the last 4yrs with waiting list)
100K grant for window replacement (transferable with purchase of LLC)
4yrs of taxes shows profit of no less that 112K annually
425-218-6422 Scott
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