OFFERING SUMMARY
List Price:
$3,950,000
Number of Units:
3 & Restaurant
Price/Unit:
$987,500
Price/SF:
$834.39
Cap Rate:
5.44%
GRM:
15.92
NOI:
$214,888
Status:
Active
Investment Highlights:
Prime Mission Beach Location With New, High-End Restaurant Operator & 3 Units Above
The Mission Is A Community Landmark Eatery Serving Breakfast and Lunch
Full Remodel Within The Last 2 Years & Rarely Trading Billboard On Roof
Turn-Key Opportunity For Investor Seeking Legacy Property With High Cap Rate
Desirable Mix of 3-Bedroom, 1-Bedroom & Commercial Space
10-Year NNN Restaurant Lease Expires In 2031; Few Landlord Responsibilities
Condo-Quality Interior & Exterior Finishes
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