219 Kingsbury GradeStateline NV 89449
Attention all investors. This commercial office building is producing $172,000 in net income annually with a huge upside potential. The current owner has held 3 units vacant for himself or possibly the new owner. There is also a 5000 square foot basement that will provide more rental income. The current owner has been working on the building for last 6 months securing new tenants and making improvements. The current cap rate is 6% with a potential for 8% when fully rented.
Updated: Thursday, Jun 21 2018
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219 Kingsbury Grade