Investment Offering

Investment Offering

Mukilteo Warehouse/Office Condo

9800 Harbour Pl., Suite 204 | Mukilteo, WA



(206) 293-1005 Jen@ Hudson Commercial Real Estate Group Windermere Real Estate/M2, LLC

Certified Commercial Advisor CCIM Candidate

Table of Contents

SECTION 1 - DETAILS SECTION 2 - PROPERTY OVERVIEW SECTION 3 - INVESTMENT OUTLOOK SECTION 4 - INVESTMENT DETAILS SECTION 5 - INVESTMENT RETURNS SECTION 6 - CHARTS AND GRAPHS

Mukilteo Warehouse/Office Condo

9800 Harbour Place, Unit 204 Mukilteo, WA 98275

Details

Real Estate Investment Details

ANALYSIS

Analysis Date:

August 2013

PROPERTY

Property: Property Address:

Year Built:

Mukilteo Warehouse/Office Condo 9800 Harbour Place, Unit 204 Mukilteo, WA 98275 2001

PURCHASE INFORMATION

Property Type: Purchase Price: Fair Market Value: Tenants: Total Rentable Sq. Ft.: Resale Valuation Resale Expenses:

Commercial $300,000 $300,000 2 2,085 7.0% (annual appreciation) 9.0%

FINANCIAL INFORMATION

Down Payment: Closing Costs: LT Capital Gain: Federal Tax Rate: Discount Rate:

$120,000 $1,500 20.00% 25.0% 1.50%

LOANS

Fixed

Debt $180,000

Term

Amortization

25 years 25 years

Rate 5.5%

Payment $1,105

LO Costs $2,700

INCOME & EXPENSES

Gross Operating Income: Monthly GOI: Total Annual Expenses: Monthly Expenses:

$22,894 $1,908

($8,758) ($730)

CONTACT INFORMATION

Jennifer Hudson 206-293-1005 jen@

The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projections and analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax or other professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting, tax or other professional area before making any decisions.

page 3 of 21

Mukilteo Warehouse/Office Condo

9800 Harbour Place, Unit 204 Mukilteo, WA 98275

Property Overview

Mukilteo Warehouse/Office Condo 9800 Harbour Place, Unit 204 Mukilteo, WA 98275

Property Description

Jennifer Hudson 206-293-1005

Mukilteo Warehouse/Office Condo 9800 Harbour Pl, Suite 204, Mukilteo WA 98275

Mukilteo Warehouse/Office Condo in Industrial Park. Unit is available on main street level. Excellent visibility and parking on site.

Suite offers approx. 1300sf office space with main entry, five office/conference rooms, kitchenette, and ADA bathroom. Approx 800sf warehouse space, with 12' roll-up grade level door, 17' clear height, 200amp service with room for expansion. Warehouse space is roughly 52' deep, 14' wide, clear span. Finished warehouse space with drywall & insulated.

Excellent location near Boeing, Paine Field. Easy access to SR525; SR526; SR99; I-405; I-5; and Clinton-Mukilteo Ferry.

page 5 of 21

Mukilteo Warehouse/Office Condo 9800 Harbour Place, Unit 204 Mukilteo, WA 98275

Property Photos

Mukilteo Warehouse/Office Condo 9800 Harbour Pl, Suite 204, Mukilteo WA 98275

Jennifer Hudson 206-293-1005

2085sf Warehouse-Office Condo at street level

Newer building from 2001 with well funded

Main entry with 5 private office/conference rooms

Carpet and newer paint throughout office areas

Warehouse with 12' roll-up grade level door and

Extensive parking on site on east and west sides

page 6 of 21

Mukilteo Warehouse/Office Condo 9800 Harbour Place, Unit 204 Mukilteo, WA 98275

Maps and Aerials

Mukilteo Warehouse/Office Condo 9800 Harbour Pl, Suite 204, Mukilteo WA 98275

Jennifer Hudson 206-293-1005

page 7 of 21

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download