Description
Investment portfolio offering with long term tenant, Napa Auto and Truck Parts. All three properties have a 5 year lease with 2 more 5 year options and annual increases. Three buildings all in great locations: Monticello, Liberty and Jeffersonville. Cap rate is 8.9% on all three combined. Landlord is responsible for major repairs and taxes as well as building insurance. New roof going on the Liberty Building this summer. Tenants pay minor repairs, water and sewer, utilities and insurance on contents. Reference individual property listings for details.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
Investment portfolio offering with long term tenant, Napa Auto and Truck Parts. All three properties have a 5 year lease with 2 more 5 year options and annual increases. Three buildings all in great locations: Monticello, Liberty and Jeffersonville. Cap rate is 8.9% on all three combined. Landlord is responsible for major repairs and taxes as well as building insurance. New roof going on the Liberty Building this summer. Tenants pay minor repairs, water and sewer, utilities and insurance on contents. Reference individual property listings for details.
© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2024-12-04T07:17:27.217.