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722-A Fairmont Parkway
Pasadena, TX 77504
Asking Price
$1.65M
Asset Type
Traditional Office Office
Class
Class B
What's Special
722-A Fairmont Parkway, Pasadena, TX 77504 <ul><li>Professional office building on Fairmont Parkway in excellent condition</li><li>Approximately 8,006 SF on .63 acres</li><li>37 parking spaces, fully paved</li><li>Office layout includes: large waiting area, training room, private offices, large cubical area, executive offices, kitchen</li><li>Move-in ready</li><li>High traffic Fairmont Parkway</li><li>Located next to Baker Ripley Center</li><li>Outside of the floodplain</li><li>Brick construction</li><li>Central location servin
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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.61%
Monthly Payment
$8,153.405
Annual Cash Flow
$-17,840.858
