Investment opportunities ranging from studios to 2/2's can be sold with tenants in place average cap rates around 6-7%. Located in Channel District which has a very high demand rental market, average rents from $1.70/sq. ft. to $2.00/sq. ft. on smaller condos. Grand Central is back on the market for sale with reduced pricing to reflect the market which is down nearly 50% from the peak. Located in the burgeoning Channel District with 2 dog parks, many restaurants, bars, shops, and new businesses opening all the time. The kitchen comes equipped with top of the line stainless steel Viking appliances. Grand central is one of the few communities in downtown with gas appliances so this kitchen is truly prepared for the aspiring chef. The community has two 9th floor pool decks with pet walk, fitness center, club house, grills, spa, and plenty of space for lounging. Water, sewer, trash, cable, internet, phone, gas, hot water, and cold air are just some of the things included in the comprehensive HOA at Grand Central. Retail space downstairs is filling up fast and includes Powerhouse Gym, Be Seen Dry Cleaners, City Dog Cantina (restaurant and full liquor bar), Pour House (dog-friendly craft beer and wine), Ragin Sports Bar and Grill, BoConcepts, and brand new Paul Mitchell Salon. Includes 2 parking spaces and a storage unit
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