 Worldwide | For sale: 67994.00 Sq.Ft. Commercial/Industrial, Gurdon AR - $279,000 | Size: | 67994.00 Sq.Ft. | | Units: | 3 | | Location: | 304 N. Walnut Street, Gurdon, AR 71743  | | Price(USD): | $279,000 |
| | Description:
Economic Life:
The economic life of the subject property as-is estimated as follows:
Total Economic life - Effective Age = Remaining Economic Life (REL).
Older Addition Newer Addition
Effective Age 40 years 35 years
Economic Life 50 years 60 years
Accrued Depreciation 80.00% 58.30%
Remaining Economic Life +/-10 years +/-25 years.
Additional Information The purchaser/owner of the property has:
Taken-up and replaced all the carpet and vinyl tile
Repaired-textured and painted all the sheetrock walls
Replaced and painted the suspended ceiling tiles
Installed new CH/CA units (York)
Installed new units for the individual rooms
New 100 gallon hot water heaters (3)
Replaced much of the wiring and installed new main disconnect
New Exit signs (lighted)
Refurbished all the oak woodwork and refinished room doors
New appliances and equipment for kitchen (restaurant)
VALUE INDICATED BY THE INCOME APPROACH = $506,000
VALUE ESTIMATE BY THE MARKET APPROACH:
Value As Completed & at Stabilized Occupancy: $479,000
Contact Name Tracye Bynum
Contact Primary Phone (501) 541-9864
Contact Secondary Phone (206) 984-1596
Contact Fax
Contact Email Ms.Bynum@hotmail.com
Contact Website http://www.bynuminvesting-consulting.co.nr |
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