All of the units are leased at present. The lot is 1.07+/- acre and has room at the rear of the lot for additional improvements to provide more income. The Owner is providing Owner financing and has good terms. The sign does not belong to the Seller; only the land it is sitting on. US 281 is a major North and South traffic route and the center is on the East side of US 281 facing the new Walmart Shopping Center. The Property is Highly Visible Call for additional information, plats, etc.
The approximate monthly Principal & Interest payment for this property would be $8,017. This payment is based on a 30-year loan at a fixed rate of 3.85 % with a down payment of $190,000. Actual lender interest rates and loan programs may vary.
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