Remarks

Great opportunity to diversify your portfolio! This multifaceted property allows investors to take advantage of different types of property in a single investment and features four long-term tenants including an established Napa Auto Parts store, two apartments and a multipurpose garage. The current CAP rate is 7.89% with big potential to grow. Perhaps you're looking for a place to start your own small business with living arrangements onsite. The prospects are endless. This listing which includes 2275 and 2271 Sheridan Rd., consists of three parcels and two separate buildings, as well as a 15-car parking lot located adjacent to the building. Call today for more details or to schedule a showing. All information on the tenants, leases and expenses will be attached.

Details

MLS#: 11806490
Price: $550,000

Sq Ft: 14400
Year Built: 1961

County: Lake
Lot Size: 125X128
Tax Fee: 22659