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700 OLD ROSWELL LAKES PKWY SUITE 220

ROSWELL, Georgia 30076

Office condo is for sale in a building with many other office condos each of which is owned individually. Seller wants to sell and lease back condo at $650/mo for 3 to 5 years then buy back. Condo is located in nice area. Expenses include taxes ($898/yr) and HOA ($100/mo). HOA includes insurance. Seller has also purchased additional insurance which is not required. The office condo does not require any repairs and is in good condition. There are 4 or 5 rooms plus a bathroom.

Property Info

Sqft (Living) 750 sq ft.
Sqft (Lot) 1 sq ft.
Year Built 1
Deal Type Wholesale
Property Type Commercial
ARV $85,000
Estimated Rent $650
Cap Rate 6-7%

Location