Current Cap rate 6.5%. Great location-In the heart of Old Colorado City. On the busy Colorado Ave. Close to Highway 24. Stable tenant, good business. The tenant has been in the property for 17 years. Allot maintenance objects have been done or on schedule, including roof, new AC, water heater, walls... NNN, easy to manage. Tenant pays NNN including utilities,maintenance. Owner has no expense. Free public parking behind.
|Price Reduced (from $1,350,000)||$1,300,000||$50,000 (3.70%)|
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