This property is offered with assumable financing with roughly 450K down which is the market value of the 7-Eleven out lot alone. Note the amount of principal reduction of 77K annually. An investor can come into the deal with little money down and within three years flip the property with nearly double his equity from his initial position. Please contact me with any questions you may have.
Sunday, June 6, 2010
ARBOR PLAZA SHOPPING CENTER, Cap Rate 11.55%
This property is offered with assumable financing with roughly 450K down which is the market value of the 7-Eleven out lot alone. Note the amount of principal reduction of 77K annually. An investor can come into the deal with little money down and within three years flip the property with nearly double his equity from his initial position. Please contact me with any questions you may have.
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