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1116-1134 East Loop 335 South
Amarillo, TX 79101
Asking Price
$2.20M
Asset Type
Special-purpose
Class
Class B
What's Special
Special Purpose | 13,900 SqFt <ul><li>Event Venue - 7,600 SF Total (7,200 SF Reception Hall + 400 SF Additional Space)</li><li>Fully insulated, spray foam event venue designed for large-scale weddings and events</li><li>Built-in bar, buffet serving area, DJ station, and ample room for dining and dance floor layouts</li><li>Back kitchen with service entrance, commercial ice machine, decorating den, and mop closet</li><li>Well-appointed restrooms include multiple stalls, sinks, and lounge areas for guest comfort</li><li>
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796
