101 Bowens Mill Road Southwest

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101 Bowens Mill Road Southwest

Douglas, GA 31533
Asking Price
$2.00M
Cap Rate
6.15%
Asset Type
Retail
Class
Class B

What's Special

MAIN ON MAIN investment opportunity - 18,175 sqft of office & Retail <p><span style="color: rgba(33, 37, 41, 1)">MAIN ON MAIN investment opportunity to own a pristine multi-unit plaza located on one of the highest traffic corners in the fast growing Douglas market! Situated on just under 3 acres this property boasts over 18,000 sqft of retail and office space spread over three buildings that is currently leased to medical facilities. Currently 10 total units grossing nearly $150,0000 annually. Tenants have been in place for a number of years allowing for the new

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NOI
$80,000
Cap Rate
4.01%
DSCR
0.68
Underwater
Cash-on-Cash
-6.42%
Monthly Payment
$9,870.171
Annual Cash Flow
$-38,442.058

Location & Travel Times