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1st Floor - Unit G-400
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Office
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842 SF
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$185,000 USD
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Unit Size: 842 SF
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Condo Use: Office
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Price: $185,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $219.71 USD
Description
- Located in Old Roswell Exchange Business Park
- Close Proximity to Downtown Roswell & GA400
- 842 SqFt of Office Space
- Includes Reception Area, 2 Large Office, Conference Room/Owners Office, Bathroom, & Storage
- HOA is $185/Mo and covers sewer, water, trash, and commons area
Sale Notes
- Located in Old Roswell Exchange Business Park
- Close Proximity to Downtown Roswell & GA400
- 842 SqFt of Office Space
- Includes Reception Area, 2 Large Office, Conference Room/Owners Office, Bathroom, & Storage
- HOA is $185/Mo and covers sewer, water, trash, and commons area
Investor ProForma:
Taxes: County - $1,548/yr | City - $293/yr
Insurance: $400/yr
HOA: $185/mo
Base Rent: $1,500/Mo
= $21.37/SqFt Base Rent
= $5.30/SqFt Taxes, Ins, HOA
= $1,871.35/mo Total in Rent or $1,500 net
= $18,000 NOI = 8% Cap Rate
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David Freeman
RE/MAX Center