327 Carl Vinson Parkway Warner Robins (Houston County ...€¦ · 327 Carl Vinson Parkway Warner...

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Stuart Hammock (478) 960-7522

cstuarthammock@gmail.com

327 Carl Vinson Parkway Warner Robins (Houston County), Georgia

$175,000

Thisinforma,onisderivedfromsourcesdeemedtobereliable.However,nowarran,esorguaranteesofaccuracyareprovided.

www.washburn-associates.com

CONTACT:

•  Income producing property on gross lease at $2,200/month

•  One (1) year remaining on lease. •  Tenant will renew. •  Automotive service business •  4,270 square feet in two (2) bays +

warehouse on .45 acre •  Adjacent properties available

•  2016 Taxes $1,889 •  Approximate insurance $354 •  2016 Traffic Counts

•  Carl Vinson Parkway between Watson Boulevard and Leverett Road = 10,770 vehicles per day

•  Leverett Road at Carl Vinson Parkway = 9,100 vehicles per day

327 Carl Vinson Parkway Warner Robins (Houston County), Georgia

Pro-Forma

Stuart Hammock (478) 960-7522

cstuarthammock@gmail.com

Thisinforma,onisderivedfromsourcesdeemedtobereliable.However,nowarran,esorguaranteesofaccuracyareprovided.

www.washburn-associates.com

CONTACT:

List price: $175,000 Income: $2,200 monthly Gross Annual Income: $26,400 Expenses: % of Gross

Annual Income

Vacancy & Credit Loss $2,200 8.33%

Property Tax $1,889 7.15%

Property Insurance $ 354 1.30%

Maintenance & Repairs $1,848 7.00%

Total Expenses $ 6,291 23.78% Net Operating Income: $20,109 Capitalization Rate at List Price : 11.49%