11116 W California Avenue ,
CASH COW! up to 9.4% + CAP. This well kept multi tenant building has three addresses 11116,11124,11132 W California Ave., just off of 111th Ave in Youngtown. Some tenants have been here 20+ years! Seller say everyone pays on time! Rents could be higher! Very well kept building. Even with one vacancy the CAP is 8%. Filling the one vacancy would bring the CAP up to about 9.4%. All other suites are currently occupied by various businesses. Monument signs at front east side. All suites exit to 47 parking spots. Annual ''other expenses'' are all utilities. EXCELLENT CAP RATE. SHOWINGS ONLY PERMITTED WITH BUYER PROOF OF FUNDS or PREQUAL FROM LENDER.
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- MLS® #6050105
- Square Footage9,000
- Year Built1979
- TypeCommercial Sale
- Sub-TypeCommercial, Office
- Garage Spaces47
- ParkingPaved Parking, Free, Public Parking
- Exterior FeaturesMonument Sign, Security Light(s)
- ConstructionBlock, Stucco
- Listing OfficeColdwell Banker Realty
- Address11116 W California Avenue
- SubdivisionYOUNGTOWN PARK
- Interior FeaturesFinished, Private Restrooms, Finished to Suit, Smoke Detector(s)
- CoolingCentral A/C
- Stories1 Story
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Listing information last updated on April 9th, 2020 at 6:47pm AKDT.