Branson Commercial Real Estate - Commercial 1 Brokers http://www.commercial1brokers.com Branson's Top Commercial Real Estate Firm Tue, 24 Apr 2012 21:05:52 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Commercial1brokershttp://feedburner.google.com INVESTMENT PROPERTY FOR SALE http://www.commercial1brokers.com/?p=98 http://www.commercial1brokers.com/?p=98#comments Thu, 19 Apr 2012 19:49:32 +0000 Critch http://www.commercial1brokers.com/?p=98

Perfect For Condominium Conversion

FOR SALE CASTLE ROCK OFFICE PARK.  A Multi-Tenant Office Park.  Currently one vacancy. European design and “class A” tenant finishes. Rents are being increased upon lease extensions.  Opportunity to divide the building into individual units and sell as office condominiums after an as-built survey.  Each unit is individually metered and easily converted on a time schedule of the Owner while collecting monthly positive cash flow. Ninety percent SBA financing could be used to help finance the individual unit buyer.  Several of the current tenants would be excellent prospects for conversion.  A 8.72% CAP Rate based on actual Net Operating Income.

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