, Macon, GA
104 Bluff Chase Bonaire, GA 31005 Houston County
$625,000
INVESTMENT PROPERTY
• 5,000 SF office building divided into three (3) suites • 100% leased a/o November 2016 • Current gross monthly $5,325 per month
income
• Cap rate: 6.85% • Bluff Chase address with Sandy Run Road exposure is adjacent to a daycare facility and within sightdistance of Landing Pointe Shopping Center and US 129/GA 247 • Convenient to Robins Air Force Base
4124 Arkwright Road, Suite 1, Macon, GA 31210 | (478) 750-7507 | Fax (478) 750-9002 | www.thesummitgroupmacon.com For additional information contact:
KEVIN HARKINS | Cell (478) 338-0623 | [email protected]
The information contained herein has been compiled from various sources, both private and public. It is accurate and complete only to the extent to which The Summit Group has been able to ascertain from third party sources. As such, no warranty or guarantee is given or implied with regard to the accuracy or completeness of any information contained herein. Any interested party shall be required to conduct its own due diligence and investigations to verify, review, audit, or otherwise insure the information contained herein.
v1
104 Bluff Chase Bonaire, GA 31005 Houston County
PRO-FORMA INCOME STATEMENT Pro-Forma Income
Rent Roll a/o November 2016 Suite
Tenant
SF
Suite A
Elite Realtors of Georgia
3,500
Suite B
New American Funding
Suite C
Edward Jones & Co.
750 750
10% vacancy & credit loss
$6,390.00
Gross Income
Rent $3,500.00*
$950.00 $875.00*
*Rental increase(s) written into lease.
$63,900.00
$57,510.00
EXPENSES Management & Renewal Fees (5%)
$3,195.00
Property Insurance (estimate)
$1,550.00
Property Taxes (2016)
$5,425.52
Repairs & Maintenance Reserve (5%)
$3,195.00
Utilities & Landscaping
$1,350.00 $14,715.52
NET OPERATING INCOME
$42,794.48
4124 Arkwright Road, Suite 1, Macon, GA 31210 | (478) 750-7507 | Fax (478) 750-9002 | www.thesummitgroupmacon.com For additional information contact:
KEVIN HARKINS | Cell (478) 338-0623 | [email protected]
The information contained herein has been compiled from various sources, both private and public. It is accurate and complete only to the extent to which The Summit Group has been able to ascertain from third party sources. As such, no warranty or guarantee is given or implied with regard to the accuracy or completeness of any information contained herein. Any interested party shall be required to conduct its own due diligence and investigations to verify, review, audit, or otherwise insure the information contained herein.
104 Bluff Chase Bonaire, GA 31005 Houston County
4124 Arkwright Road, Suite 1, Macon, GA 31210 | (478) 750-7507 | Fax (478) 750-9002 | www.thesummitgroupmacon.com For additional information contact:
KEVIN HARKINS | Cell (478) 338-0623 | [email protected]
The information contained herein has been compiled from various sources, both private and public. It is accurate and complete only to the extent to which The Summit Group has been able to ascertain from third party sources. As such, no warranty or guarantee is given or implied with regard to the accuracy or completeness of any information contained herein. Any interested party shall be required to conduct its own due diligence and investigations to verify, review, audit, or otherwise insure the information contained herein.
104 Bluff Chase Bonaire, GA 31005 Houston County
4124 Arkwright Road, Suite 1, Macon, GA 31210 | (478) 750-7507 | Fax (478) 750-9002 | www.thesummitgroupmacon.com For additional information contact:
KEVIN HARKINS | Cell (478) 338-0623 | [email protected]
The information contained herein has been compiled from various sources, both private and public. It is accurate and complete only to the extent to which The Summit Group has been able to ascertain from third party sources. As such, no warranty or guarantee is given or implied with regard to the accuracy or completeness of any information contained herein. Any interested party shall be required to conduct its own due diligence and investigations to verify, review, audit, or otherwise insure the information contained herein.
$625,000
INVESTMENT PROPERTY
• 5,000 SF office building divided into three (3) suites • 100% leased a/o November 2016 • Current gross monthly $5,325 per month
income
• Cap rate: 6.85% • Bluff Chase address with Sandy Run Road exposure is adjacent to a daycare facility and within sightdistance of Landing Pointe Shopping Center and US 129/GA 247 • Convenient to Robins Air Force Base
4124 Arkwright Road, Suite 1, Macon, GA 31210 | (478) 750-7507 | Fax (478) 750-9002 | www.thesummitgroupmacon.com For additional information contact:
KEVIN HARKINS | Cell (478) 338-0623 | [email protected]
The information contained herein has been compiled from various sources, both private and public. It is accurate and complete only to the extent to which The Summit Group has been able to ascertain from third party sources. As such, no warranty or guarantee is given or implied with regard to the accuracy or completeness of any information contained herein. Any interested party shall be required to conduct its own due diligence and investigations to verify, review, audit, or otherwise insure the information contained herein.
v1
104 Bluff Chase Bonaire, GA 31005 Houston County
PRO-FORMA INCOME STATEMENT Pro-Forma Income
Rent Roll a/o November 2016 Suite
Tenant
SF
Suite A
Elite Realtors of Georgia
3,500
Suite B
New American Funding
Suite C
Edward Jones & Co.
750 750
10% vacancy & credit loss
$6,390.00
Gross Income
Rent $3,500.00*
$950.00 $875.00*
*Rental increase(s) written into lease.
$63,900.00
$57,510.00
EXPENSES Management & Renewal Fees (5%)
$3,195.00
Property Insurance (estimate)
$1,550.00
Property Taxes (2016)
$5,425.52
Repairs & Maintenance Reserve (5%)
$3,195.00
Utilities & Landscaping
$1,350.00 $14,715.52
NET OPERATING INCOME
$42,794.48
4124 Arkwright Road, Suite 1, Macon, GA 31210 | (478) 750-7507 | Fax (478) 750-9002 | www.thesummitgroupmacon.com For additional information contact:
KEVIN HARKINS | Cell (478) 338-0623 | [email protected]
The information contained herein has been compiled from various sources, both private and public. It is accurate and complete only to the extent to which The Summit Group has been able to ascertain from third party sources. As such, no warranty or guarantee is given or implied with regard to the accuracy or completeness of any information contained herein. Any interested party shall be required to conduct its own due diligence and investigations to verify, review, audit, or otherwise insure the information contained herein.
104 Bluff Chase Bonaire, GA 31005 Houston County
4124 Arkwright Road, Suite 1, Macon, GA 31210 | (478) 750-7507 | Fax (478) 750-9002 | www.thesummitgroupmacon.com For additional information contact:
KEVIN HARKINS | Cell (478) 338-0623 | [email protected]
The information contained herein has been compiled from various sources, both private and public. It is accurate and complete only to the extent to which The Summit Group has been able to ascertain from third party sources. As such, no warranty or guarantee is given or implied with regard to the accuracy or completeness of any information contained herein. Any interested party shall be required to conduct its own due diligence and investigations to verify, review, audit, or otherwise insure the information contained herein.
104 Bluff Chase Bonaire, GA 31005 Houston County
4124 Arkwright Road, Suite 1, Macon, GA 31210 | (478) 750-7507 | Fax (478) 750-9002 | www.thesummitgroupmacon.com For additional information contact:
KEVIN HARKINS | Cell (478) 338-0623 | [email protected]
The information contained herein has been compiled from various sources, both private and public. It is accurate and complete only to the extent to which The Summit Group has been able to ascertain from third party sources. As such, no warranty or guarantee is given or implied with regard to the accuracy or completeness of any information contained herein. Any interested party shall be required to conduct its own due diligence and investigations to verify, review, audit, or otherwise insure the information contained herein.
