2003 Medical Pky - Medical FOR SALE


San Marcos, TX 78666
$1,550,000 USD
512-470-9955
2003 Medical Pky, San Marcos, TX for Sale
$1,550,000 USD
Medical - FOR SALE
1/43
null | 8.41% Cap Rate

2003 Medical Pky
San Marcos, TX 78666


HIGHLIGHTS

  • Fully Leased Property!
  • Proforma Cap Rate 8.41%!
  • 3 Medical Offices and 2 apartments

OVERVIEW

Location! Location! Location! Fully Leased. New Price! New Roof! Right next to CHRISTUS Santa Rosa Hospital – San Marcos. Property is fully leased. 3 commercial suites fully leased by long time clients. 2 residential studio apartments leased out. Suite A is 1553 square feet with 3 bath rooms. Suite B is 2376 Square feet is with 2 bathrooms will upstairs office/conference room. Suite C is 1553 square feet with 3 bathrooms. Both apartments are 611 square feet. Updates have been completed. Total gross income starting January 1 is $14100 a month! Proforma 8.4% Cap Rate.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

8.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C

APN/PARCEL ID

R41425

ASK ABOUT THIS PROPERTY

Richard ClarkClark Real Estate AgencyMore Info
512-470-9955

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Richard ClarkClark Real Estate AgencyMore Info
512-470-9955

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.