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palousecommercial.com Real Estate Investment Opportunity 1150 Alturas Dr. Ste. 107 108B Moscow, ID 83843 Shelley L. Bennett 208.301.1623 208.882.3800 [email protected] Commercial Investment Opportunity

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Page 1: Commercial Investment Opportunity palousecommercialimages4.loopnet.com/d2/Tv5t2rDSlgG0R...Real Estate Investment Opportunity 1150 Alturas Dr. Ste. 107 108B Moscow, ID 83843 Shelley

palousecommercial.com

Real Estate Investment Opportunity 1150 Alturas Dr. Ste. 107 108BMoscow, ID 83843

Shelley L. Bennett208.301.1623208.882.3800

[email protected]

Commercial Investment Opportunity

Page 2: Commercial Investment Opportunity palousecommercialimages4.loopnet.com/d2/Tv5t2rDSlgG0R...Real Estate Investment Opportunity 1150 Alturas Dr. Ste. 107 108B Moscow, ID 83843 Shelley

Located in the Alturas Technology Park, Park Plaza was constructed in 2002 as a commercial condominium development. The subject properties have been leased to a daycare since 2007. The suites are currently combined but can be sold or leased separately. Suite 107 is a total of 939 square feet and Suite 108B is 2215 square feet. Combined

3154 Sq. Ft. AvailableFor Sale $277,500

1150 Alturas Dr, # 107 & 108B, Moscow ID

Commercial Condos

Off Street Parking

2 units Available

Built in 2002

2014 Taxes: $7031

Gross Income Annualized

Expenses

Income and Valuation Analysis

Gross Income Monthly *this is the rent rate after current tenant lease is up 8/15

Net Operating Income

Cap Rate

Sale Price

TaxesVacancy (0%)

$ 7,209$ 0

$3,000

$ 20,991

$ 277,500

Advertising

Management

Snow Removal

JanitorialElectricity

N/A

$ 0

0

Tenant$6,800

Insurance $ 1,000 Internet

Maintenance

N/A

$ 0WSG 0

Total Expenses $ 15,009

$36,000 7,56 %

Page 3: Commercial Investment Opportunity palousecommercialimages4.loopnet.com/d2/Tv5t2rDSlgG0R...Real Estate Investment Opportunity 1150 Alturas Dr. Ste. 107 108B Moscow, ID 83843 Shelley

rent for the units is currently $2,750.00 per month plus utilities, for a total of 3154 square feet, equating to $10.46 psf, per annum. There is also plenty of off street parking. Property is in pristine condition and ready for owner ocupy at the end of current tenants lease in August.

Map

Aerial View

Page 4: Commercial Investment Opportunity palousecommercialimages4.loopnet.com/d2/Tv5t2rDSlgG0R...Real Estate Investment Opportunity 1150 Alturas Dr. Ste. 107 108B Moscow, ID 83843 Shelley

palousecommercial.com

Shelley L. Bennett208.301.1623208.882.3800

[email protected]

This document has been prepared by Palouse Commercial Real Estate for advertising and general information only. Palouse Commercial makes no guarantees, representations or warranties of any kind, expressed or implied regarding the information

including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own in-quiries as to the accuracy of the information. Palouse Commercial excludes unequivocally all inferred or implied terms, conditions

and warranties arising out of this document and excludes all liability for loss and damages arising therefrom.