Cash flow is a good thing, especially for investors. Bob Kahn Realty & Investment has recently listed a property with immediate cash flow and a 9.68%+ pro-forma cap rate. The property includes .79 acres on a popular commercial highway in Staunton.
Says Bob Kahn, Principal Broker at Bob Kahn Realty, “”This is a great opportunity for an investor seeking a high yield in commercial real estate”
Located at 2301 W. Beverly Street, this corner parcel at intersection of well-traveled commercial highway currently has 5 tenants in place and only one vacancy. The property consists of two buildings on 0.79 acres with 6,330 SF (+/-) gross building area. It is zoned B2 by the city of Staunton.
The property is priced to sell at $289,000,” states Bob Kahn.
For photos and additional information, go to www.bobkahnrealty.com.
This commercial offering is co-listed by Bob Kahn and Jay Reeves at Bob Kahn Realty & Investment.
For more information call Jay (434) 466-8348 or email Jay at jreeves@bobkahnrealty.com