$ 2,100,000.00
- Property ID: 259
- Post Updated: 2020-01-27 12:52:27
- Area: 16000 sq ft
- Year built: 1982
- Type: Investment Office
- APN: 0570020035
- PDF: Download Flyer
Description
INVESTMENT SUMMARY
Price: $2,100,000
Year Built: 1982
Tenants: 6
RSF: 16,000
Price/RSF: $131.25
Lot Size: 2.0 acres
Floors: 2
Parking Spaces: 4.0/1,000
APN: 0570020035
Cap Rate: 4.6%
Market Cap Rate: 7.18%
FINANCING SUMMARY
Loan Amount: $840,000
Down Payment: $1,260,000
Loan Type: Fixed
Interest Rate: 4.55%
Term: 20 years
Monthly Payment: $5,337
DCR: 1.51
View on map / Neighborhood
Agent
Dan Mincher, CCIM
(916) 929-2000, ext 1001
dmincher@thevollmancompany.com
Company: The Vollman Company
Dan Mincher, CCIM is a results-driven professional in all segments of commercial property brokerage: Sales, Leasing, Investments, consulting, and 1031 exchanges. Dan is a Certified Commercial Investment Member (CCIM) having completed extensive education and experience qualifications, a Toastmasters International Competent Toastmaster (CTM), and a member of the Association of Commercial Real Estate (ACRE).Notable clients include Budget Truck Rental, Chase Bank, Reliance Trust Co., Don Quixote’s Mexican Grills, Snowline Hospice, and Premier Sports Training.Prior to his involvement in real estate, Dan had a very successful career in the U. S. Coast Guard. Dan holds a Bachelor’s degree in Business Management with emphasis on entrepreneurship and real estate from the Georgia State University, graduating Magna Cum Laude. He enjoys playing golf, hiking, anything he can do in or on salt water, and travel with his wife, Jan.