611 Carpenter Ave, Austin, TX 78753

Multi-tenant building originally built as a medical office building. One of a very few options for office space in the immediate area.
Proforma: At $20.00 gross rent, 5% vacancy factor, using $10.00 psf as expenses the NOI projects to be: $79,600; 7.24% Cap; White Box provided by Landlord
Location
Located in near north Austin just off N. Lamar Blvd.

Highlights

• SELLER FINANCING AVAILABLE.
• 10% DOWN PAYMENT WITH 10 YEAR NOTE AT 6.5% FOR 5 YEARS THEN 8% FOR 5 YEARS, BALLOON. MUST QUALIFY.
• REDEVELOPMENT OPPORTUNITY. BUY LOW SELL HIGH!!!
• RARE OPPORTUNITY TO BUY EXISTING OFFICE BUILDING AT BELOW $100 PER SQ. FT.
• White Box provided by Landlord