Cute little commercial medical condo leased out through April 30, 2023. Functionally designed for the medical industry, this unit was tastefully updated back in 2018 with new electrical, lighting, flooring and paint. The property provides excellent parking and is ideally located next to Twin Cities Hospital, the major community hospital that services all of North County. With the HOA taking care of the majority of the management responsibilities (roof, HVAC, parking lot, and landscaping) this is an ideal investment for someone looking for something under $350,000 that does not require a lot of time or energy to manage.Purchase Price: $345,000.00 Current Annual Net Income is $20,921.26 (See brochure attached)Cap Rate: 6.06%Size: +/- 1,200 SFHOA: $425 per month (includes water, sewer, gas, garbage, landscaping and insurance)Disclosure: Listing Agent owns partial ownership of property
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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