STATELINE, NV - Chase International is pleased to announce the sale of 219 Kingsbury Grade, Stateline, NV, for $2,450,000 represented Paul Windt.
This commercial office building is currently producing 240,000 in gross income annually with a huge upside potential. Net Income potential with full occupancy is over $240,000 and could produce a near 10% cap rate. Vacancies include 3 owner held units and a 5000 square foot basemant/warehouse opportunity. Improvements in the last year include: New Roof, TRPA Bmp Certification, New Hvac units, parking lot sealing, remodeled units, common area upgrades.
For more information, please contact: Paul Windt at 775-588-6130 or firstname.lastname@example.org.