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28519 Sweetgum Road
Magnolia, TX 77354
Asking Price
$5.00M
Asset Type
Traditional Office Retail
Class
Class B
What's Special
28519 Sweetgum Rd. - FOR SALE <p>🔥<u>Offered at $5,000,000</u></p><p></p><p>Step into an extraordinary opportunity to own a well-established, highly functional commercial property designed for movement, performance, training, and growth. Situated on 3.026 acres, (31,510 square feet) this impressive facility currently operates as a successful gymnastics and dance center and offers limitless possibilities for investors, owner-users, sports organizations, fitness concepts, educational programs, or entertainment ventures.</p><p>
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NOI
$80,000
Cap Rate
1.60%
DSCR
0.27
Underwater
Cash-on-Cash
-14.46%
Monthly Payment
$24,737.272
Annual Cash Flow
$-216,847.263
