1224 W State El Centro, CA 92243

$1,300,000
El Centro, CA   92243
0 Beds, 0.0 Baths, 0 sq ft, 0 sq ft lot, Built in 0
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0 Beds,
0.0 Baths,
0 sq ft,
0 sq ft lot
Built in 0

Description

MLS# 200020799

Great opportunity for only a few investors with vision. This property contains two parcels and is centrally located in El Centro surrounded by the business hub in this growing city. Partnership was not aggressive in the management of their office rentals which are rented below current market value of Apx average of $0.71 per sq ft. Potential for NOI growth. Will the business rental market bear $1.00 per sq ft? What about $1.50 per sq ft? If the improvements aren't exactly what your looking for what about the property location? Site foot print is 27,460 sq ft. Partnership will review all offers and is prepared to negotiate in good faith and provide property documentation as needed. Listed by Bernie Calderon, Bc Real Estate Services.

Description

MLS# 200020799

Great opportunity for only a few investors with vision. This property contains two parcels and is centrally located in El Centro surrounded by the business hub in this growing city. Partnership was not aggressive in the management of their office rentals which are rented below current market value of Apx average of $0.71 per sq ft. Potential for NOI growth. Will the business rental market bear $1.00 per sq ft? What about $1.50 per sq ft? If the improvements aren't exactly what your looking for what about the property location? Site foot print is 27,460 sq ft. Partnership will review all offers and is prepared to negotiate in good faith and provide property documentation as needed. Listed by Bernie Calderon, Bc Real Estate Services.

Area
AREA: 699 - Not Defined
COUNTY: IM
Building Info
COOLING: Central, Gas
HEATING: Central Furnace, Forced Air, Natural Gas
Exterior Features
ROOFING: See Remarks
Community
UNITS TOTAL: 6
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Nearby cities:    Imperial