Located in Woodstock, GA with fully built out support rooms and great finishes. The building is executive suites with computer network and internet access. They just recently started offering and promoting virtual office services. The seller is motivated as he needs to concentrate on another one of his successful businesses that is in a strong growth mode and needs his full attention.. He, therefore, just dropped the price by $100,000. Therefore based on historical numbers the cap rate would be 13 at the new price and based on current tenancy going forward the cap rate would be 21 or if as an absentee owner the cap rate would be 17. This is a fabulous opportunity for someone to be either an onsight manager or absentee owner with an employee manager to realize a good income while building real estate equity with mortgage payments covered by the income with a further income to pocket. This would qualify for a bank loan or with a larger down payment the seller would do some seller financing.
Cherokee County, GA
Excellent reputation, established center. Family homes all around. Room to grow. Georgia Lottery Funded Pre-K classes, After School Program, Extra activities and a bus so you can walk in and take over. Don't miss this one. Contact Eddy Spaeth at School Investment Properties, Inc. and be sure to ask about my other listings.
School Investment Properties, Inc.
UPS is the 2nd most recognized brand in the United States. The UPS Store has been ranked by Entrepreneur Magazine as the # 1 Postal and Business Services Franchise for 22 consecutive years.
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