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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) |
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