Six Building Estate Portfolio FOR SALE


Waycross, GA
$3,100,000 USD
478-951-9460
, Waycross, GA for Sale
$3,100,000 USD
FOR SALE
1/5
null | 9% Cap Rate

Six Building Estate Portfolio
Waycross, GA


HIGHLIGHTS

  • Long Term Tenants
  • Stable Low operation cost
  • Attractive Financing Available

OVERVIEW

Thanks for your interest in this opportunity. We are selling as a package as shown on this email or we would consider offers on the individual buildings. Excellent Investment Property. All tenants have been at these current locations for many years. 600 Plant Road, Dept of Labor has a brand-new roof along with new electrical, exterior and interior paint, and new HVAC units totaling $200,000-$250,000 in upgrades. Department of Labor occupying the 600 Plant Road location for over 30 years. Diversified Resources Inc is a privately owned corporation providing community-based programs and services are designed to help disabled and older adults remain safely in their homes and delay or prevent nursing home placement. Diversified Resources, Inc. provides specific resources for those individuals and their caregivers that include wellness programs, nutritional support, home and community-based services. Diversified Resource Inc occupy their three buildings for over 15 years. All new awnings on the buildings. Diversified has agreed to renew for 5-year term starting October 1st, 2024. Barnes Health been at their location for over 10 years. They have just renewed for 2-year term with a two-year option. Year 1 rent at $2300/month and year two at $2400/month triple net. Lincare has been at this location for over 10 years. They currently occupy 1650 sq ft and their lease goes through 2025. Waycross Liquidators has just extended their lease is in force until 9/30/2026 at $3600/month. NN Property now offered at a 9% cap rate

ASK ABOUT THIS PROPERTY

Scott WilsonW. Scott Wilson Properties LLCMore Info
478-951-9460

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Scott WilsonW. Scott Wilson Properties LLCMore Info
478-951-9460

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