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Details

Property is a stabilzed property with a room for value add. CAP rate is 6% and Pro forma CAP is 8.47%. NOI is $13,191 Currently at 100% occupancy. Pro-forma is $18,633. Either a good add on to you're current portfolio or a great break in property for the rookie investor. the other address for sale with this is 361 Johnson Dr Cherokee, AL 35616

PROPERTY FEATURES

Water Source : Public Sewer Source : Public Sewer
10 Total Parking Parking Features : Private
Cooling in Property: Cooling: Central Air Heating in Property: Heating : Central
Levels : One
Number Of Buildings : 2

PROPERTY DETAILS

Street Address: 97 Johnson Drive
City: Cherokee
State: Alabama
Postal Code: 35616
County: Colbert
MLS Number: 21856614
Courtesy of Engel & Volkers Shoals

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