Courtesy of: Wenling Shu | Melody Royal Real Estate
Purchase Type: Sale
MLS ID: MTR20053051
Year Build: 1982
Property Type: Commercial Sale
Property Subtype: Office
Swimming Pool: No
Address: 6151 Fair Oaks Boulevard
Rare investment opportunity in Carmichael! Cap rate 6.2%.Free standing single level 12-unit multi-tenant office on a 0.75 acre lot. Rent rate is currently much lower than the market rate. 100% occupied by long-term tenants. Landlord is receiving 100% rent payments during COVID-19. All units are in good condition. Increase in rent 2%-10% each year. Owned solar system, energy efficient lights throughout the entire building. 100% fenced yard, security system. 37 gated parking spaces.
Listing Agent: Wenling Shu Courtesy of: Melody Royal Real Estate The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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