2334 Lake Park Dr
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2334 Lake Park Dr
7,188 SF 100% Leased Office Building Albany, GA 31707 $885,000 ($123/SF) 6.25% Cap Rate
Investment Highlights
- Executive office space
- central location
- 4 offices and one upscale apartment
Executive Summary
Currently 4 office and 1 a[apartment lease are in effect in effect
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
7,188 SF
Building Class
B
Year Built
1990
Price
$885,000
Price Per SF
$123
Cap Rate
6.25%
NOI
$55,313
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
3,594 SF
Zoning
C - Office /apartment
Parking
50 Spaces (6.96 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Hardwood Floors
- Air Conditioning
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2334 Lake Park Dr
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