$410,000

121 Gilmer Rd, Longview, TX 75604, US

Summary

Style: Commercial
Year Built: 1989

Moving Quotes

primary photo for 121 Gilmer Rd, Longview, TX 75604, US

Remarks

Prime Investment Opportunity: Building with an Established Medical Professional tenant. Don't miss this exceptional opportunity to own a high-quality commercial property with a reliable tenant in high traffic location. This well-maintained building is currently leased to a reputable medical professional, ensuring a stable income stream. Rent for 2024 is $2,800 / month. Rent for 2025 and 2026 is $3,500 / month. Insurance is currently $2,850 / yr and taxes are $5,974.48 giving this a Cap Rate of 5.9% for 2024 and 7.9% for 2025 and 2026.

Details

MLS#: 20241018
Price: $410,000

Style: Commercial
Year Built: 1989


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Broker Contact


Summers Cook & Company
1127 JUDSON ROAD
LONGVIEW, TX, 75601
US
Bud Summers
! 903-757-8686
! bud@budsummers.net
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Longview Area Association of Realtors
Last updated: 2024-07-02T13:22:34.000-05:00.
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