Marketing Remarks: BACK on Market! Fell out of escrow through no fault of Seller. Seller can add cash for right deal. MAKE CASH OFFER!!!! ALL PAYMENTS AND TAXES CURRENT. Assume loan of $1,440,000 with 1 point and qualify. Down payment cash and or trade? Seller will finance balance! Locations, ocean views, Solar ($50,000 PAID for and included), On Demand Hot Water, Ductless Heating, built to LEED specs, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more! CAP RATE. Beachfront Location, Location, Location!!! Commercial Zoning. Leased $11,070/income and $1,505/expenses (Taxes, Insurance, and all utilities). Solar Paid For $45,000. 3 Units: Unit A 1,638 sq ft; Unit B 1,820 sq ft; Unit C 462 sq ft. Cap Rate 4.3%. Seller wants property in San Diego or Big Island Hawaii. Loan assumption fee of 1 point and qualify. Price to be increased if loan not assumed. Loan of $1,440,000 at 6.99% fixed until June of 2019. Monthly payment of $11,108. Furnishings and appliances to be INCLUDED. Write the offer! Don't miss the boat!!! All payments, taxes are current and SELLER SAYS SELL NOW!!! TRADES! Provide Comparable Sales when submitting your BACK UP offer.
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