A stand-alone office foreclosure in immaculate condition. Perfect for an office of Attorney, Realtor, Accountant, Insurance Agent, Physician or an Investor to hold on! Newer construction (2007)! Configuration is 8 offices and 2 conference rooms. The unit is Bldg. C located in Harmony Business Park near Mall of Georgia, Buford, GA. The neighbors are Daycare center and Pediatrics practice. Only cosmetic repairs required to get in move-in ready condition. Calling all cash buyers - investors or owner occupants. Need to close before July 7th. The unit was sold for $450,000 in 2010!!! Priced right to move quickly. Investor ROIPurchase: $219,000Repairs: $5,000 (Allowance for cosmetic repairs - paint touch-up, ceiling in conference room, cleanup etc.)Total Investment: $224,000Rental Income: $2600/mo * 12 = $31,200 per yearExpenses: Taxes: $1,600 per year Insurance: $1,600 per yearNet Income: $28,000CAP Rate: 28,000/224,000 = 12.5%Call (919)602-5208 now!
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