Graves Commercial Realty, L.L.C.

Price: $550,000

• Building Size:                  4,232 SF
• Price/SF:                         $129.96
• Property Type:                    Retail
• Property Sub-type:     Street Retail
• Property Use Type:
    Net Lease Investment with 3 years left on lease
• Cap Rate:                           9.70%
• Occupancy:                          100%
• Tenancy:                           Multiple
• Lot Size:                              1.40ac

Available is a 4232 square foot buidling. Currenty 100% occupied by tobbaco store and an italian restaurant. Excellent oppurtunity for someone looking to take over the restaurant space as lease is expiring in 2011. The current tenant is looking to sign a five year extention, if buyer is interested to keep as an investment property. The builiding sits on approx. 1.40 acres and was built in 1997. The current tenants have a gross lease signed, and can be made into NNN leases when tennats sign new lease. Good potential for incresing rents to increase the NOI. All the FF&E belong to the owner/landlord of the property and will convey to new owner at time of sale (inventory list can be provided upon request).

Property is located on FM 1187. Located approx. 2 miles east of I35W.

• Price:                                                $525,000
• No. Units:                                                    20
• Building Size:                                11,424 SF
• Price/Unit:                                          $26,250
• Property Type:                               Multifamily
• Property Sub-type:          Garden/Low-Rise
• Property Use Type:                     Investment
• Distressed:                                               Yes
• Year Built:                                                1956
• Lot Size:                                              0.43 AC

Attachments

Survey                                 MPF Yieldstar Data 

Demographic Report          

Highlights

• Lender REO with significant upside
• Property is Located in the Cultural Arts District
• The Seller/Lender will consider financing
• Minutes from Retail and Restaurants
• Located in Area of Redevelopment and High Demand

Description

The property is a 20 unit apartment complex consisting of 16 one bedroom, one bath units and 4 two bedroom, one bath units. All bills are paid by the owner, but the property has the potential for the owner to implement the utility RUBS system. Property features wood and ceramic tile flooring in selected units and an on-site laundry room with three washers/dryers.

The property is located in the Cultural Arts District of Fort Worth, Texas. The Cultural District is located minutes from downtown Fort Worth and is home to surrounded charming shops and restaurants, six world-class museums, performance art theaters and the Will Rogers Memorial Center.

• Price:                                                          $1,608,000
• Lot Size:                                                              28 AC
• Property Type:                                                      Land
• Property Sub-type:                        Residential (land)
• Features:         Electricity/Power  Water  Telephone

Description

28 acres of residential.
268 platted duplex lots at $6,000/lot
City of Fort Worh
Everman ISD

On McPherson Rd just east of Oak Grove Rd
2 miles east of I-35E