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Friday, January 31, 2014

5877 Pine Avenue




 Listing 5877 Pine Avenue
Price:$2,511,000
Status:New

• Extremely rare opportunity to acquire a newly built free standing medical office/office building that is already divided into 2(two) individual condo units at a price significantly below estimated condo sales prices.

• Excellent investment opportunity already separated units present an investor with the opportunity to sell the units to owner/users at a premium which will increase returns.

• By selling off units to owner/users an investor will generate Leveraged IRR of 16.98%.

• Priced at $2,511,000 which is significantly below the estimated replacement cost of $4,099,000 ($280 PSF)


5877 Pine Avenue

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