Please dont disturb any tenants - Tenants are not aware of possibility of sale. Can be sold together with 1235 williams way for $2.9M. Individual price being 1.5M for 1235 and for 1215 williams - both buildings layout identical except 1215 has pool, but 1235 has 6 out of 14 new leases while 1215 has 3 out of 14 new leases. Please make an offer subject to inspection after asking for rent roll and projected/current financials from listing agent. Current rent about 151K/year for 1215 as it went through only 3 turns recently but potential is same or little higher than 1235 as it has pool, current NOI being at 6.06% cap rate counting both buildings rent and expense, market cap rate being 7.4% if considering market to be only highest rents already achieved and >8.25% if really upgraded. Right across the medical facility the fountains - great neighborhood.
|--||New Value: $1,500,000|
|3/9/2020 9:45:00 PM||New Value: $1,550,000|