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203 North College Street
Cleveland, TX 77327
Asking Price
$2.90M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 19,110 SqFt <ul><li>Approximately 19,110 SF</li><li>Medical office facility</li><li>Established healthcare tenancy</li><li>Strategic Liberty County location</li><li>Reported Monthly Gross Income: Approximately $20,600</li><li>Annualized Gross Income: Approximately $247,200</li><li>Multiple healthcare providers</li><li>Long-term occupancy history</li><li>Established Healthcare Tenancy</li><li>Essential Service Providers</li><li>Long-Term Pediatric Anchor Tenant</li><li>Growing Market Fundamentals
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NOI
$80,000
Cap Rate
2.76%
DSCR
0.47
Underwater
Cash-on-Cash
-10.58%
Monthly Payment
$14,322.88
Annual Cash Flow
$-91,874.565
