Texas - Retail - Asking 69% of Value - Asking = $557K, Value =$808K.

Off Market - Texas - Retail Center - Asking 69% of Value - (Asking = $557K, Value at = $808K) - Motivated Seller - Open Now
This is Wholesale Deal. Hurry

Property Location = Cleburne, Texas
Desirable on a 4 lane highway. Close proximity to the new toll way which connects Cleburne to the Dallas Fort Worth Area. (30 miles to downtown Ft Worth)
Property Type = Retail, originally built and currently operated as a roller skating rink. (Easily repurposed as event center, health club / gym, indoor soccer, etc. Churches regularly rent the space for events.)
Steel constructed building at 16,516 sq/ft. Completely updated with newly remodeled bathrooms and kitchen.
Number of Units = 1 (currently single user)
Current Occupancy = delivered vacant but business is available. Owners are shutting down the business (would consider selling the rink inventory) and moving out of state. Need a quick sale.
Year Built = 1970
Net Operating Income (NOI) = n/a (historically their business has made around $70k operating 1-2 days a week).
Lot Size (in acres or square feet) ==> 43,560 (1.089 acres per survey)
Seller Willing to Finance? ==> Unlikely. They need the cash for family health issues.
BPO available for $808,000 (as of 9/28/2015)
HVAC: 28 tons of air, gas heating
Ceiling Height: 14 feet
Terrain: Flat
Utilities: City water and sewer
Purchase Price Is $557,000 Firm (Property was appraised (BPO) for $808,000 2015) Muat be Quick Sale (closing less than 30days and all cash sale)

Brokers and Reps are welcome --- add your fees (fee suggestion of 3% to 5% buyer's fees)

This is Wholesale Deal. Hurry

These properties are available as at today, but cannot guarantee availability anytime after.

Posted Aug 24, 2016

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