FOR SALE

705 Van Buren
Amarillo, TX

Fully Leased Office Building

BUILDING SIZE: 8,400 sf office
900 sf storage area
   
LOT SIZE: 16,800 sf
140' x 120'
   
ZONING: CBD
   
YEAR BUILT: 1941
   
TAXES: $4,755.49
   
ASKING PRICE: $485,000

Floor Plan

Map of Area/ Aerial of Property

Nice Center City Office complex. Recently rehabbed.
100 % leased office building w/ three tenants
All offices have recently been remodeled
Large parking lot in east side of building.


INCOME:
$55,050
EXPENSES:
$15,050
NOI
$40,000
CAP RATE:
8%
   
This property is represented by:

CATHY DERR, CCIM