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Property Details for 5304 Old Monitor Rd Cashmere WA 98815

MLS # : 1364208

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Property Photo MLS #: 1364208
5304 Old Monitor Rd Cashmere WA 98815
Listing Number:   1364208
Listing Price:   $2,000,000
Type:   - Business Opp.

Katz Realty, Inc.
Courtesy:   Windermere Bellevue Commons
-= Property Details =-
Commercial Type:   - Business Opp.

Lot Size:   15.38 Acres
Lot Size Source:   Public Records
Lot Topography:   Level
Site Frontage:   1,600 Ft

Power Company:   Chelan PUD
Water Source:   Individual Well, Public
Water Company:   City of Cashmere
Sewer:   Available, Septic
Sewer Company:   City of Cashmere
-= Unit Details =-
Total Sq Ft Rented:   1,522
Approx. Sq Ft Unit 1:   1522
Rent Unit 1:   $2,500
-= Financial Information =-
Gross Scheduled Income:   $198,000
Gross Adjusted Income:   $198,000
Total Monthly Rent:   $2,500
Total Monthly NNN:   $2,500

Net Operating Costs:   $98,000
Electrical Expense:   $80
Heating Expenses:   $40
Water/Sewer/Garbage:   $80
Insurance Expenses:   $1,500
Total Expenses:   $100,000
Total Expenses:   $100,000

Computation / Other
Cap Rate (NOI / Listing Price):   5.00
Gross Rent Multiplier:   10.00
-= Location Information =-
Address:   5304 Old Monitor Rd
City:   Cashmere
State:   WA
Zip Code:   98815
Latitude:   47.50774600
Longitude:   -120.43246300
Driving Directions:   From US 2/97 just East of Cashmere turn onto Old Monitor Road driveway sign is Osprey Landing go down gravel driveway and explore the grounds.
-= Community Information =-
Community Name:   Cashmere
-= Assessor Information =-
County:   Chelan
Tax Number:   231903320100
General Zoning Classification:   Agricultural, Commercial, Industrial-Light, Multi-Family, Residential, Retail
Zoning Jurisdiction:   City
Tax Amount:   $6,827   Tax amount may change after sale.
Tax Year:   2018
-= Purchase Information =-
Listing Price:   $2,000,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing, Negotiable, See Remarks
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1364208
Listing Status:   Active
Listing Office:   Windermere Bellevue Commons
Listing Date:   2018-09-28
Cumulative Days on Market*:   147
MLS Area:   971
Marketing Remarks:   Presenting for the first time-over 15 acres now zoned commercial/light industrial in the Cashmere UGA. Historically high producing pear orchard now has zoning for hotel. retail, supermarket, community center, multi-family residential, medical/dental, wine industry, brewery and much more. Property also adjoins the Wenatchee river with potential public/private waterfront park type activity. Bring your development ideas for huge local and regional potential for this Cashmere location.
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.
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