Average square foot calculated using Size range provided by listing agent.
Description
Rare Investor Opportunity! Income-Producing Property offering 10% CAP Rate! Total Yearly Income: $72, 000. Total Yearly Expenses: $32, 470. Net Operating Income: $39, 530. 250 Holt Street is a 5, 217 SF building on .88 AC in Bastrop, LA. The building is very-well maintained and received a new roof, carpet and paint in 2018. Tenant: Louisiana State Office/Louisiana Workforce Commission. Tenant has occupied this location for more than 20 years per multiple 5-Year terms. Current Owner has enjoyed this Full-Service Lease since 2017. Current Tenant Lease term: October 1, 2022 to September 30, 2027. Showings by appointment only. Restricted days/times. Listing agent to accompany.
MLS® Number214202
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorRain Gutters, Landscaping
GarageNo
Approx. Age1999
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatElectric, Central
A/CCentral Air, Electric
Heating Fuel
Extras
250 Holt St, Bastrop, LA
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