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$ 950,900
Est. payment | /mo
5,880 SqFt
$ 950,900
Est. payment | /mo
5,880 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,880 sqft
Price per Sqft $161
Subdivision Talmo Sub
MLS Listing ID O6380976
HOA Y/N No
Year Built 1981
Annual Tax Amount $4,374
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Industrial
Source Stellar MLS
Property Description
Under contract-accepting backup offers. COMMERCIAL REAL ESTATE FOR SALE WITH $10k/MO IN LEASES and $100k EQUIPMENT INCLUDED!!!! SELLER FINANCE!!
*****ABSOLUTELY NO LOI (LETTERS OF INTENT) WILL BE ACCEPTED. THEY WILL NOT EVEN BE VIEWED, AND WILL BE TRASHED, INSTANTLY. ALL OFFERS ON COMMERCIAL FARBAR CONTRACTS WITH PROOF OF FUNDS ATTACHED*****
$1,199,900 and SELLER FINANCE with $600,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!!
Option 2: Seller Finance with only $260k down, but at 8 Perct interest amortized at 25 years with a 36 month balloon. Or 10 Perct interest for a 60 month balloon. This is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans, as NO BANK will finance you for just 21 Perct down on a commercial investment property!! Don't miss out! Payments amortized at 25 years.
Option 3: The "CASH ME OUTSIDE" option!!! Knock off $200K from the price and let's get closed in 30 days!!! THAT IS LESS THAN $1MILLION AT JUST $999,900 CASH!!!!!! What a great deal and way to 1031 Exchange into a cash-flowing asset rather than rushing just to hold a useless property just to avoid capital gains!!! 11.4 Cap Rate almost 18 Cap after leaseback ends!!!!! Don't sleep on this one!!!
NOI: $114k (net operating income) which includes seller leaseback of a few of the units. Once seller leaseback terminates in 5 years, your NOI will be closer to $200k!! Price lowered tremendously with this new deal structure!! Acquire the property for far less money than the original price and your return is still pretty nice off the bat, and once the leaseback terms out, you will be earning even more at closer to $200k which is an even better return. **IF YOU DO NOT WANT A LEASEBACK TO THE SELLER, WE CAN WORK OUT A NUMBER TO MAKE THAT MAKE SENSE, TOO!! Don't miss your chance to dance!
15-Unit Retail building.
Frontage of 6-lanes of traffic on US Hwy 17-92.
North Orlando FL area. So close you can walk to the auto auctions!
(AutoNation Auto Auction and Orlando Longwood Auto Auction)
Tenants are auto dealers. Perfect chance to set up a dealership and make money on rent and cars!! I can also include in the sale helping you set up your very own auto dealership!!!
Building was recently renovated so the units all look new inside. No nasty carpet anywhere. LVP floors and tiled floors throughout.
C-2 Commercial Zoning
Future Land Use MXD (mixed development)
So, you can convert to condos or efficiencies and get section-8 tenants etc. Or keep it rolling as retail and collect the gorgeous return!
*****ABSOLUTELY NO LOI (LETTERS OF INTENT) WILL BE ACCEPTED. THEY WILL NOT EVEN BE VIEWED, AND WILL BE TRASHED, INSTANTLY. ALL OFFERS ON COMMERCIAL FARBAR CONTRACTS WITH PROOF OF FUNDS ATTACHED*****
$1,199,900 and SELLER FINANCE with $600,000 DOWN!! 0 PRCT PAYMENTS FOR 36 MONTHS AMORTIZED FOR 25 YEARS, AND BALLOON IN 36 MONTHS. YES, ZERO INTEREST!!! CASH FLOW EVEN AFTER PRINCIPAL PAYMENT! AND EVERY $1 PAID IS PAYING DOWN THE BALANCE ON THE PROPERTY! WOW!!! Also, will take the loan out an additional 24 months, total of 60, but a rate would be negotiated if this extension is wanted/needed. 0 PRCT is good for 36 months!! Nice way to pay it down then refi to an actual lender!!!!
Option 2: Seller Finance with only $260k down, but at 8 Perct interest amortized at 25 years with a 36 month balloon. Or 10 Perct interest for a 60 month balloon. This is a great deal as it's superior to any hard money, private money, and is even competitive with conventional loans, as NO BANK will finance you for just 21 Perct down on a commercial investment property!! Don't miss out! Payments amortized at 25 years.
Option 3: The "CASH ME OUTSIDE" option!!! Knock off $200K from the price and let's get closed in 30 days!!! THAT IS LESS THAN $1MILLION AT JUST $999,900 CASH!!!!!! What a great deal and way to 1031 Exchange into a cash-flowing asset rather than rushing just to hold a useless property just to avoid capital gains!!! 11.4 Cap Rate almost 18 Cap after leaseback ends!!!!! Don't sleep on this one!!!
NOI: $114k (net operating income) which includes seller leaseback of a few of the units. Once seller leaseback terminates in 5 years, your NOI will be closer to $200k!! Price lowered tremendously with this new deal structure!! Acquire the property for far less money than the original price and your return is still pretty nice off the bat, and once the leaseback terms out, you will be earning even more at closer to $200k which is an even better return. **IF YOU DO NOT WANT A LEASEBACK TO THE SELLER, WE CAN WORK OUT A NUMBER TO MAKE THAT MAKE SENSE, TOO!! Don't miss your chance to dance!
15-Unit Retail building.
Frontage of 6-lanes of traffic on US Hwy 17-92.
North Orlando FL area. So close you can walk to the auto auctions!
(AutoNation Auto Auction and Orlando Longwood Auto Auction)
Tenants are auto dealers. Perfect chance to set up a dealership and make money on rent and cars!! I can also include in the sale helping you set up your very own auto dealership!!!
Building was recently renovated so the units all look new inside. No nasty carpet anywhere. LVP floors and tiled floors throughout.
C-2 Commercial Zoning
Future Land Use MXD (mixed development)
So, you can convert to condos or efficiencies and get section-8 tenants etc. Or keep it rolling as retail and collect the gorgeous return!
Location
State FL
County Seminole
Community Talmo Sub
Area 32708 - Casselberrry/Winter Springs / Tuscawilla
Zoning C-2
Interior
Cooling Other
Exterior
Water Access No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Metal Siding
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
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