291 McLaws Circle, Suite 2

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291 McLaws Circle, Suite 2

Williamsburg, VA 23185-5525
Asking Price
$171K
Cap Rate
6.97%
Asset Type
Office
Class
Class B

What's Special

Office | 6.97% CAP | 1,136 SqFt <ul><li>​Sale Price: $171,000 ($150/SF)</li><li>​1,136 RSF</li><li>​Seller to lease back at $1,500 per month (plus paying utilities and janitorial)</li><li>​Buyer pays Real Estate Taxes, Condo Dues and HVAC repairs/replacement</li><li>​Estimated NOI: $11,912</li><li>​CAP Rate: 6.97%</li><li>​Built in 2000</li><li>​Elegant office with functional floor plan</li><li>​Glass paneled interior walls</li><li>​Good availability of parking</li><li>​Adjacent to Kingsmill, a luxurious residential and signat

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NOI
$80,000
Cap Rate
46.78%
DSCR
7.88
Strong
Cash-on-Cash
136.16%
Monthly Payment
$846.015
Annual Cash Flow
$69,847.824

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