219 Amboy Road

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219 Amboy Road

Asheville, NC 28806
Asking Price
$1.57M
Asset Type
Bar Mixed-use
Class
Class B

What's Special

219 Amboy Road, Asheville, NC 28806 <p></p><p>Previous NOI $114,000 from NNN lease, building is currently vacant for full renovation. Mixed use offers the ability to have three spaces leased separately or one tenant . Bar & Restaurant and Office. The previous tenants leased the whole building NNN and sublet their other spaces while controlling the buildings programing.</p><p>REDUCED $100k OWNER FINANCING TERMS AVAILABLE</p>

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NOI
$80,000
Cap Rate
5.08%
DSCR
0.86
Underwater
Cash-on-Cash
-2.86%
Monthly Payment
$7,792.241
Annual Cash Flow
$-13,506.888

Location & Travel Times