$2,000,000
$2,199,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
16940 State Highway 14 Mojave, CA 93501
12,000 SqFt
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $166
MLS Listing ID DW21203415
Sold Date 09/26/22
HOA Y/N No
Year Built 1990
Lot Size 0.685 Acres
Acres 0.6853
Property Description
8.24% CAP Rate - Huge opportunity to buy this cash flow property in the booming city of Mojave, California. Calculated with a 5% vacancy factor. CAM dues on property. The net operating income is calculated at: $181,148.63 per year. Yearly gross scheduled income is about: $208,401.36. All Tenant information is private and will be given when an NDA is signed. There is a Tesla charging station in the parking lot. Great and strong looking structure. As you can see this is a great investment opportunity and a great location overall. Property looks in good working condition and seller is ready to sell to move on. Let's put a deal together.
Location
State CA
County Kern
Area Mojv - Mojave
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Item01UnitAcre
Story 1
Water Public
Others
Tax ID 23606025000
Financing SellerFinancing
Special Listing Condition Standard
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Bought with Paul Baccino • JohnHart Real Estate
GUIDE SoCal
Broker | License ID: DRE#01976964