Listing Courtesy: Realty Executives Cooper Spransy - 608-661-7900
Property Description
SAND VALLEY BOGO! Pro Forma NOI of $126,700 w/ 9.39% Cap Rate based on $171,000 projected annual rent, 5% vacancy, & 22% operating expenses. The 5,500 sqft Sands West building is fully built out and leased to Golden Ferret Golf Sims for $72,000 annually. The 5,500 sqft Sands East building can be divided into four 1,100 sqft units, each with private baths, framing, and finishes included in the purchase price. The property consists of two new commercial buildings totaling 11,000 sqft on 2.41 acres along a high-traffic state highway near KwikTrip, Sand Valley Golf Resort, Lake Arrowhead Golf, & two lakes. Featuring a modern design with large windows and flexible layouts, a large paved parking lot, a shared outdoor space, & infrastructure in place for a future 3rd building. Leasing Available.