8401 NE Halsey Street
Property Details
Price
$2,278,395
Building Size
13,228 SF
Property Details
Office Building
Year Built
1979
Description

Two-story office building for sale on 0.65 acres of land. Asking price is reduced to $2,278,395 which is a 7.5% cap rate (factoring in 5% reserves) based on the 2021 actual income and projected expense numbers. The property is professionally managed and maintained. Upside on rental income with the leases that expire in 2021.

Highlights
Rare 7.5% cap rate on actual income and expenses
Well maintained two-story office building
Professionally managed
24-hour card key access
Newer roof
Brokers

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