3776 S Hopkins Ave, Titusville, FL 32780

Purchase Price:

$540,000

Estimated Rehab:

None

After Repair Value:

$700,000

Property Information

Property Type: Commercial Property

Year Built: 1984

Living SQFT: 4000

Total SQFT: 4,400

Lot Size: .26 Acres

Bedrooms: 4 (Suites)

Bathrooms: 4

Business Plan Highlights

Purchase Price: $540,000

Rehab Amount: None

Additional Notes: Tenants paying for Maintenance and utilities. Cam is paid only by the bagel shop; Bakery supply to more then 10 shops in the area; Upside should come from rent increase to bakery and CAM implementation upon renewal; 5% annual increase build in the contracts

Fully Operating commercial space in Titusville, FL

Double digits return from day one

Fully rented by Same tenant – A bakery that supply to five bagels location and a bagel show. Asset is in great condition, no repairs required.

HIGH Stability with high income from day one!

 

Current Annual Rental Income including CAM: 63,173$

Property Tax: $6,000

Insurance: $5,500

Landscaping: $825

Trash: $3,500

NOI: $50,937

Cash ROI: 11.0%

 

All offers are Cash or Private Lender Only. $3000 non-refundable deposit required for purchase below $150,000,  $5000 non-refundable deposit required for purchase above $150,000

Contact us for showings and more information:

Sale Comparables

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Rent Comparables

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All offers are Cash or Private Lender Only 

Properties are sold AS-IS with NO inspection period; Please inspect first.

Buyer pays all closing costs for buyer and sellers

Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the 

analysis and opinion of SafetyNet Group. Actual repair cost, rent, and/or ARV     may vary. 

Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary.

Seller has an equitable interest in this property and is advertising the sale of this  interest.

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