Description
Great Investment rehab project that you will see 14-15% ROI on: 6,276SQFT building that ready to be completed. 1. Electrical panel upgrade to 6 meters, PG&E overhead line upgrade ( PG&E permits & fees paid along with Electrician deposit to be installed) 2. Block wall 2 sides, wrought iron fencing, concrete, interior gutted 3. Clean Alta One: Confirmed with all agency's: EPA, Fire, City & County and no record of underground tanks being an issue. 4.Septic pump & certification 5.new flat work concrete complete on the West side 6.Taco truck currently leases and will continue to lease while the rehab is being done for $900 per month, once rehab is complete space rent would be between $1,400-$1,600 per month 7. Market rent is $2.45-$2.65 sqft NNN X 6,276sqft = $16,631.00 X 12months = $199,577.00 ( plus Taco truck ) Rehab @ $650k total investment $1,440,000.00 ROI 13.9% plus Taco truck income puts it at ((15.20% ROI )
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School Ratings & Info
Description
Great Investment rehab project that you will see 14-15% ROI on: 6,276SQFT building that ready to be completed. 1. Electrical panel upgrade to 6 meters, PG&E overhead line upgrade ( PG&E permits & fees paid along with Electrician deposit to be installed) 2. Block wall 2 sides, wrought iron fencing, concrete, interior gutted 3. Clean Alta One: Confirmed with all agency's: EPA, Fire, City & County and no record of underground tanks being an issue. 4.Septic pump & certification 5.new flat work concrete complete on the West side 6.Taco truck currently leases and will continue to lease while the rehab is being done for $900 per month, once rehab is complete space rent would be between $1,400-$1,600 per month 7. Market rent is $2.45-$2.65 sqft NNN X 6,276sqft = $16,631.00 X 12months = $199,577.00 ( plus Taco truck ) Rehab @ $650k total investment $1,440,000.00 ROI 13.9% plus Taco truck income puts it at ((15.20% ROI )
Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively 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. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Clemmer And Company Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-08-15T17:31:41.667.