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GERCHICK REAL ESTATE COMMERCIAL INVESTMENT PROPERTIES Make the Market WORK For You™ |
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NEARLY $100,000 PRICE REDUCTION | CASH ONLY | AS-IS
Nearly $100,000 Off.
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The asking price has moved from $699,000 to $600,000—a $99,000 reduction, nearly $100,000 off. The current underwriting uses a 7% vacancy allowance and estimates $53,420 in annual NOI, an 8.90% cap rate at the new asking price. The full-occupancy sensitivity estimates $59,551 NOI and a 9.93% cap rate. It is a sensitivity analysis, not a statement of current occupancy. Cash only. Offered strictly as-is. No seller financing. |
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Linda Gerchick, CCIM Designated Broker | Gerchick Real Estate 602-688-9279 | linda@justsoldit.com View the property website |
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| All income, expenses, room rates, vacancy assumptions and projected returns are underwriting estimates, not verified current operating results or guaranteed future results. Full occupancy is a sensitivity only. Buyers should independently verify all financial, property, tax, occupancy, PadSplit/platform, zoning and operating information. Offered cash only and strictly as-is; seller financing is unavailable. Tenant leases are not publicly posted and will be provided only after the property is under contract to protect tenant privacy. |