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1641 Balian Road
Waterford, MI 48327
Asking Price
$235K
Asset Type
Flex Industrial
Class
Class B
What's Special
Garage Condo in Sought-after SOLD-OUT Complex <p>Rare opportunity to own in a highly sought-after, SOLD-OUT garage condo complex—no new units available, resale units are the only way in. This 900 sq ft unit (approx. 20’ x 45’ with 19’ ceiling height) offers the perfect space for vehicles, storage, hobbies, or workshop use. Features include a 14’ insulated overhead door with opener, reinforced concrete floors, 100-amp electrical service, forced air heat and fully insulated walls, ceiling, and doors. Unit is Rough plumbed for a bathroom and u
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NOI
$80,000
Cap Rate
34.04%
DSCR
5.73
Strong
Cash-on-Cash
93.69%
Monthly Payment
$1,162.652
Annual Cash Flow
$66,048.179
