Description
Excellent opportunity to own a multi-tenant commercial building in the center of Kingman, Az. Located just one lot off Airway Ave this is an excellent location with 4 tenants in place and potential...there are 5 units total and ample parking. Vacant unit is currently being marketed for lease as well. Current CAP rate is approximately 8.9% with potential for nearly 13% CAP upon full occupancy. This would also be a great opportunity for a business owner to purchase and use a portion of the property while collecting rent from the remaining tenants to help pay your investment.
-
0BEDS
-
0.69ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Excellent opportunity to own a multi-tenant commercial building in the center of Kingman, Az. Located just one lot off Airway Ave this is an excellent location with 4 tenants in place and potential...there are 5 units total and ample parking. Vacant unit is currently being marketed for lease as well. Current CAP rate is approximately 8.9% with potential for nearly 13% CAP upon full occupancy. This would also be a great opportunity for a business owner to purchase and use a portion of the property while collecting rent from the remaining tenants to help pay your investment.