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525 N Nevada Avenue
Colorado Springs, CO 80903
Asking Price
$625K
Asset Type
Office
Class
Class B
What's Special
Office | 3,216 SqFt <ul><li>ESTATE SALE: PRICE TO SELL QUICKLY</li><li>Asking price is only $625,000 ($195 per square foot) which is below replacement cost and comparable other office buildings sales</li><li>Excellent opportunity for a business owner who wants to own their workspace, control their real estate costs, and generate rental income by leasing out the offices they don't occupy</li><li>Freestanding professional office building in one of Colorado Springs' most accessible near-downtown corridors</li><li>
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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092
