An Unbeatable Opportunity in a Thriving Development Area! This is a one-of-a-kind opportunity! This property has a fantastic Hair Salon tenant who is currently paying $1,650 per month, in addition to the HOA fee of $165 per month. With a new roof installation underway and the owner having paid the assessment in full, the building is receiving a much-deserved upgrade.
The tenant has taken exceptional care of the property, ensuring it remains in pristine condition and visually stunning. As part of the association, water and exterior maintenance are conveniently included. With a solid 5.65% CAP RATE and the tremendous property value increase resulting from the ongoing developments, this is an investment opportunity that you won't want to miss out on.