1551 Laredo Dr

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1551 Laredo Dr

Odessa, TX 79761
Asking Price
$2.00M
Asset Type
Special-purpose
Class
Class B

What's Special

Two Industrial Buildings on 6.78 Acres <p>2 Buildings totaling 22,095 SF on 6.78 Acres</p><p>1,923 SF Office</p><p>244 SF Shop Office Space</p><p>9,044 SF Warehouse</p><p>(2) 15-Ton cranes, (1) 10-Ton crane</p><p>6.78 acres fenced and stabilized</p><p>20’ Clear Height in Shops</p><p>Shop Heaters</p><p>950 SF Covered Wash-bay</p><p>Two Entrances/Exits</p><p>Paved Parking</p><p>3-Phase/480V</p><p>City Utilities</p>

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NOI
$80,000
Cap Rate
4.01%
DSCR
0.68
Underwater
Cash-on-Cash
-6.42%
Monthly Payment
$9,870.171
Annual Cash Flow
$-38,442.058

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