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555 Eastern Boulevard
Montgomery, AL 36117
Asking Price
$2.50M
Asset Type
Religious/Church Special-purpose
Class
Class B
What's Special
Special Purpose | 55,613 SqFt <ul><li>Sale Price; $2,500,000.00</li><li>Land Area: +/- 10.8 Acres</li><li>Building Area</li><li> Main Building . +/- 27,960 S.F.</li><li> Office/Rental Building . +/- 11,160 S.F.</li><li> Red Fez Rental Building . +/- 5,993 S.F.</li><li> Garage Building . +/- 8,700 S.F.</li><li> BBQ Shed . +/- 1,800 S.F.</li><li> <strong>Total . +/- 55,613 S.F.</strong></li><li> Ceiling Height: 10-19 feet</li><li> Zoning: Institutional</li><li> Parking: +/- 436 Spaces</li><li> Traffic Count: 60,92
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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631
